Illinois State Treasurer’s Office News Releases
Treasurer Frerichs Calls on Federal Government to Require More Consideration for Women and People of Color on Corporate Boards and Leadership Positions
SPRINGFIELD — The federal government must implement common-sense requirements to boost the numbers of women and people of color within the ranks of finance and big business, Illinois State Treasurer Michael Frerichs told the Securities and Exchange Commission today. Big banks and investment houses remain reluctant to change legacy rules that serve as barriers to employment for women and people of color, such as unreasonable years of service and a minimum of $1 billion in investment assets. Further, while some institutions acknowledge that the removal of barriers to female and…
September 16, 2020 – Treasurer Frerichs Calls on Federal Government to Require More Consideration for Women, People of Color on Corporate Boards and Leadership Positions
Read MoreSeptember 16, 2020 – Treasurer Frerichs Calls on Federal Government to Require More Consideration for Women, People of Color on Corporate Boards and Leadership PositionsTreasurer Frerichs, Representative LaPointe Returns $19,000 in Unclaimed Funds to Geographic Society of Chicago
CHICAGO — Illinois State Treasurer Michael Frerichs joined State Rep. Lindsey LaPointe today to announce the return of $19,278 to the Geographic Society of Chicago through the Treasurer’s unclaimed property division. The money left for the Geographic Society of Chicago was from the estate of Chicago resident Hazel Gaunt, who passed away in 2005. “We are proud to carry out the wishes of the late Hazel Gaunt and return money to the Geographic Society of Chicago where it belongs,” Frerichs said. “Hazel passed away in 2005, but her generosity is…