State Treasurer of Missouri explained

Post:State Treasurer
Body:Missouri
Incumbent:Vivek Malek
Incumbentsince:January 17, 2023
Type:State Treasurer
Termlength Qualified:Four years, renewable once
Formation:1820
First:John Peter Didier
Website:Missouri State Treasurer's Website

The state treasurer of Missouri is a statewide elected official responsible for serving as Missouri's chief financial officer. Vivek Malek has served as state treasurer since January, 2023.

Duties of the state treasurer

The state treasurer is responsible for managing more than $24 billion in annual revenues and more than $3.6 billion in state investments.[1] Additionally, the state treasurer works to return nearly $700 million in unclaimed property to more than 4.3 million account owners.[2] The state treasurer also helps oversee MOST - Missouri's 529 College Savings Plan, which helps families start building a college fund.

As banking director for the state government, the state treasurer is responsible for authorizing disbursement of state funds, balancing the state accounts, contracting with private banks to process state receipts and disbursements, manage money and security transfers, and reporting on the state's financial activities. The state treasurer partners with Missouri banks to make low-interest loans to small businesses and farms through Missouri FIRST.

The state treasurer represents taxpayers by serving on the governing boards of the Missouri Housing Development Commission, the Missouri State Employees' Retirement System, the state Board of Fund Commissioners, and the Missouri Cultural Trust Board.

List of state treasurers

ImageNamePartyTerm
1John Peter DidierIndependent1820–1821
2Nathaniel SimondsDemocratic-Republican1821–1829
3James EaricksonDemocratic1829–1833
4John WalkerDemocratic1833–1838
5Abraham McClellanDemocratic1838–1843
6Peter Garland GloverDemocratic1843–1851
7Alfred William MorrisonDemocratic1851–1861
8George Caleb BinghamDemocratic1862–1865
9William BishopRepublican1865–1869
10William Q. DallmeyerRepublican1869–1871
11Samuel HaysRepublican1871–1873
12Harvey Wallis SalmonDemocratic1873–1875
13Joseph Wayne MercerDemocratic1875–1877
14Elijah GatesDemocratic1877–1881
15Phillip Edward ChappellDemocratic1881–1885
16James M. SeibertDemocratic1885–1889
17Edward T. NolandDemocratic1889–1890
18Lawrence Vest StephensDemocratic1890–1897
19Frank L. PittsDemocratic1897–1901
20Robert P. WilliamsDemocratic1901–1905
21Jacob F. GmelichRepublican1905–1909
22James CowgillDemocratic1909–1913
23Edwin P. DealDemocratic1913–1917
24George H. MiddelkampDemocratic1917–1921
25Lorenzo Dow ThompsonRepublican1921–1925
26C. Eugene StephensRepublican1925–1929
27Larry BrunkRepublican1929–1933
28Richard R. NacyDemocratic1933–1937
29Robert W. WinnDemocratic1937–1941
30Wilson BellDemocratic1941–1945
31Robert W. WinnDemocratic1945–1948
32Richard R. NacyDemocratic1948–1949
33Mount Etna MorrisDemocratic1949–1953
34George Hubert BatesDemocratic1953–1957
35Mount Etna MorrisDemocratic1957–1961
36Milton CarpenterDemocratic1961–1965
37Mount Etna MorrisDemocratic1965–1969
38William Edmond RobinsonDemocratic1969–1973
39Jim SpainhowerDemocratic1973–1981
40Mel CarnahanDemocratic1981–1985
41Wendell BaileyRepublican1985–1993
42Bob HoldenDemocratic1993–2001
43Nancy FarmerDemocratic2001–2005
44Sarah SteelmanRepublican2005–2009
45Clint ZweifelDemocratic2009–2017
46Eric SchmittRepublican2017–2019
47Scott FitzpatrickRepublican2019–2023
48Vivek MalekRepublican2023–present

External links

Notes and References

  1. Web site: Office Investments. Missouri State Treasurer's Office. en. 2018-04-10.
  2. Web site: About The Office. Missouri State Treasurer's Office. en. 2018-04-10.