Topics Related to OST Press Release

Senator Garrou always had a level head and a calming demeanor. In fact, the only time she ever got mad at me was when I was her garbage collector in the early 80’s and the truck tires went off her driveway.We subsequently served together for eight years in the legislature. Despite being from different parties, we were able to work together to pass legislation that saved lives, minds and dollars for citizens of both Forsyth County and North Carolina.
Honor Bestowed for Transparency in Providing Information Exposing Fraud in State’s HOPE Program
N.C. House, Senate Urge Congress to Change Law So State Pensions can Recover Losses from Russia
Calls on Congress to Amend Foreign Sovereign Immunities Act to Allow Possible Recoupment of Investment Losses; Urges General Assembly to Pass Resolution
Our legal team has reviewed Judge Lee’s order, and because of the Attorney General’s conflict, we have requested and received authorization to pursue outside counsel for this matter.In the meantime, we have asked the Attorney General’s office to pursue an extension of time to the order’s 30-day period. The Attorney General’s office has responded that they are researching the appropriate mechanism and options to do so.
State Treasurer Dale R. Folwell, CPA, announced his continued opposition to legislation that would give the Internal Revenue Service (IRS) sweeping new powers to monitor Americans’ bank accounts. The original proposal would have required banks, credit unions and other financial institutions to annually report on accounts and withdrawals amounting to $600.
State Treasurer Dale R. Folwell, CPA, announced that he is joining 23 other state treasurers, auditors and financial officers in signing a letter opposing legislation that gives the Internal Revenue Service (IRS) sweeping new powers to monitor American bank accounts with more than $600 in deposited funds.
Additional federal unemployment benefits are scheduled to expire on Sept. 6, as the pandemic emergency employment compensation and pandemic unemployment assistance programs are ending. These programs are paying an additional $300 a week to eligible unemployment applicants. Many feel that the extra payments are preventing people from returning to work.
During the August meeting of the North Carolina Council of State (COS) earlier today, Gov. Roy Cooper indicated that when additional federal unemployment payments end in September, state unemployment payments will return to their normal levels. The Governor’s statement came after State Treasurer Dale R. Folwell, CPA, and other members of the COS spoke about the devastating impact the extended benefits are having on employers across the state.
Having reviewed responses from other North Carolina Council of State (COS) members, State Treasurer Dale R.