Policy Issues

The Office of State Treasurer weighs in on state and federal policy issues that are related to or directly impact the functions of the office.

Letters
One of the ways the Office of State Treasurer weighs in on policy issues is by issuing letters. This includes letters issued solely by the office and jointly with other officials in Utah and across the country.
CLICK HERE to view the letters. 

ESG

ESG stands for Environmental, Social, and Governance. It is a subjective criteria investors use to rate public companies, and now government organizations, on how well they implement ESG standards. In practice, ESG is a political score that, intentionally or not, can result in market participants using economic force to drive a political agenda.
CLICK HERE to learn more about the treasurer's stance on ESG. 

Natural Asset Companies (NACs)

Treasurer Oaks opposes a proposal under consideration by the Securities and Exchange Commission (SEC) that would allow for the creation and listing of a new type of company called a Natural Asset Company (NAC) on the New York Stock Exchange (NYSE). The proposal poses a significant risk to rural economies by creating a mechanism for public and private land to be permanently removed from productive use in the name of solving climate change.
CLICK HERE to learn more about the treasurer's stance on Natural Asset Companies. 

Financial Management

The state treasurer is responsible for overseeing many of the financial functions of the state in various capacities and is responsible for the prudent financial management of billions of taxpayer dollars.  When policy issues pertaining to the state's financial management arise, the treasurer often weighs in to protect taxpayer interests and the state's triple-AAA credit rating.

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Contact:


Policy and Communications Deputy
Brittany Griffin
(801) 918-1411
bngriffin@utah.gov