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Tim Reese Confirmed as State Treasurer

tim-reeseWith a vote of 48 yeas to 1 nay, Timothy Reese was confirmed as the new Treasurer of the Commonwealth on Friday.

The only Senator to vote against Reese’s confirmation was Mario Scavello of Pennsylvania’s 40th District.

Reese will go on to finish the rest of Rob McCord’s 19 month term. The former State Treasurer suddenly resigned from his post on February 12 following charges of extortion.

The new State Treasurer brings more than 20 years of experience as a successful businessman and investor. He has also launched the National Minority Angel Network, a network that focuses on investing in women, minority, and veteran-owned companies, and currently serves on the Board of Advisors for the U.S. Securities & Exchange Commission.

Governor Wolf noted that, “Tim is a proven leader with a diverse financial background.”

“I am honored to have been asked by Governor Wolf to serve the citizens of the Commonwealth. I look forward to getting started right away and lending my expertise to the Treasury and the Commonwealth,” said Reese.

5 Responses

  1. Samuel Carpenter and Face up…..stop hating!….which one of you lames started and sold their on businesses? With all of the ‘affirmative action’ you guys get…why would you want the position….are you even qualified?

  2. HA, HA, HA, HA. This is the best Pennsylvania has to offer. BRING BACK McCORD!!!!

  3. An “advisory committee” for the SEC is a joke. He just wants the title. This man is 1000% unqualified.
    Wolf would only interview African-Americans for the job. I wonder if Wolf ever needs surgery if he will only allow minority physicians, or will he pick the best one……… regardless of race.
    Enough PC already! Pennsylvania is in a financial crisis and this Governor will only interview one ethnic group in order to prove a PC point. Shame on you Governor!

  4. “National Minority Angel Network”

    I gotta look into that. Sounds like fun.

  5. Any indication as to why Sen. Scavello voted no? Was there an attempt to get a comment from him or his office?

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