Utah Financial Education Hall of Fame inductees to be honored and new Finance in the Classroom website to be launched at $tart $mart Teacher Summit

SALT LAKE CITY – June 10, 2024 – The Utah Jump$tart Coalition, Utah Treasurer Marlo M. Oaks, and the Utah State Board of Education (USBE) will honor the first-ever Utah Financial Education Hall of Fame inductees at a banquet this evening, kicking off the 2024 $tart $mart Teacher Summit. This coincides with tomorrow’s launch of the new Finance in the …

Utah Treasurer Marlo Oaks appoints Bong Choi to SITFO Board of Trustees

SALT LAKE CITY – May 29, 2024 – Utah Treasurer Marlo M. Oaks today announced the appointment of Bong Choi to the School and Institutional Trust Funds Office (SITFO) Board of Trustees. Choi is appointed to fill the open seat concluding Jason Gull’s six-year term, which expires on June 30. When Utah became a state in 1896, Congress granted approximately …

Permanent State School Fund, the endowment for Utah’s public schools, hits record $3.3 billion

This November, Utahns will vote to raise the cap on annual distributions from this $3.3 billion permanent endowment for Utah schoolchildren. SALT LAKE CITY – May 6, 2024 – Utah Treasurer Marlo M. Oaks announced the Permanent State School Fund, an endowment created at statehood to support public schools, now tops $3.3 billion. Each school year, Utah students receive distributions from …

Utah Jump$tart Coalition, Utah Treasurer Marlo Oaks, and Utah State Board of Education seek nominations for Utah Financial Education Hall of Fame

SALT LAKE CITY – April 4, 2024 – The Utah Jump$tart Coalition, Utah Treasurer Marlo M. Oaks, and the Utah State Board of Education today announced the launch of the Utah Financial Education Hall of Fame, which recognizes Utah educators and administrators who exemplify excellence in empowering Utah’s youth with financial knowledge and skills. The nomination period for the five award …

Utah students to be honored for winning statewide investment competition at January 26 awards banquet

Treasurer Oaks to recognize Utah students and teachers for winning the Fall 2023 Utah Treasurer’s Investment Challenge SALT LAKE CITY – January 24, 2024 – Utah Treasurer Marlo M. Oaks today announced his office is hosting an awards banquet to honor the winners of the Fall 2023 Utah Treasurer’s Investment Challenge on Friday, January 26. The banquet will feature student speeches and a …

Curtis introduces bill to prevent Wall Street from controlling Utah’s land

WASHINGTON, D.C. – January 19, 2024 – Today, Representative John Curtis (R-UT) introduced a bill to protect Utah’s public lands from Wall Street activist investors. The bill prohibits Natural Asset Companies, or any similar entity, from entering into any agreement that would impact land in the state of Utah. “Wall Street shouldn’t be allowed to control Utah’s land just to …

Treasurer Oaks releases statement on SEC announcement to delay decision on Natural Asset Company proposal and reopen public comments

Proposal could cause significant harm to rural economies by removing land from productive use SALT LAKE CITY – December 22, 2023 – Utah Treasurer Marlo M. Oaks issued the following statement regarding an announcement that the Securities and Exchange Commission is delaying the decision on the New York Stock Exchange’s (NYSE) Natural Asset Company proposal, reopening public comments, and instituting …

Treasurer Oaks and Glenn Beck discuss proposal to allow for the creation of a new type of company designed to lock up private and public lands

SALT LAKE CITY – December 13, 2023 – Treasurer Oaks joined Glenn Beck to discuss a proposal under consideration by the Securities and Exchange Commission (SEC) to allow the New York Stock Exchange (NYSE) to list a new type of company called Natural Asset Companies (NACs) for public investment. NACs will buy the “ecosystem services” on private, federal, and state …