About
David McRae has served as Mississippi’s state treasurer since 2020 and is next up for election in 2023.
Prior to being elected treasurer, McRae was involved in the family business, serving as managing partner of McRae Investments. His great-grandfather had opened the first S.P. McRae department store in Jackson, founding a business that grew into one of the foremost department store chains in the southeast during the 20th century.
McRae earned his law degree from Mississippi College and is an active member of the Mississippi Bar Association.
Actions
- Signed State Financial Officers Foundation (SFOF) organized resolution supporting Israel’s genocide in Gaza and committing to invest in SFOF bronze-sponsor Israel Bonds despite “Moodys and Standard and Poors (S&P) have[ing] recently downgraded Israel’s credit score, citing a negative outlook on Israel’s economy (5/14/24)
- Signed an Advancing American Freedom coalition letter to leaders in the U.S. House of Representatives demanding that “The Woke 401(k) Rule Must Be Repealed” (3/28/23)
- Signed an Advancing American Freedom coalition letter to Congress asking it to “overturn the Biden administration’s dangerous ESG rule through the Congressional Review Act” (2/7/23)
- Issued a letter to the Public Employees’ Retirement System of Mississippi Board Members urging the officers to reject Environmental, Social, and Governance (ESG) policies (11/14/22)
- Signed a letter to Morningstar asking the company to stop its negative ratings of firms connected to Israel (8/25/22)
- Signed a letter to the Securities and Exchange Commission (SEC) opposing the proposed rule known as The Enhancement and Standardization of Climate-Related Disclosures for Investors (6/17/22)
- Signed an SFOF letter opposing the FDIC proposed principles on climate-related financial risk management for large financial institutions (6/3/22)
- Signed a letter to the Department of Labor opposing possible agency actions to protect life savings and pensions from threats of climate related financial risk (5/16/22)
- Signed a comment letter to the Municipal Securities Rulemaking Board regarding ESG practices in the municipal securities market (3/8/22)
- Signed a letter opposing the proposed Department of Labor rule change entitled Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights (12/13/21)
- Signed letter to John Kerry expressing “deep concern with recent reports” that the Biden administration is “privately pressuring U.S. banks and financial institutions to refuse to lend to or invest in coal, oil, and natural gas companies.” (5/25/21)
- Signed an SFOF letter urging President Biden to withdraw his nomination of Sarah Bloom Raskin as vice chair for supervision at the Federal Reserve for her “radical banking and economic views” that would “disrupt the private banking sector, reliable energy supplies, and the U.S. economy.” (1/31/21)
Recent Campaign Filings
- 2023 Periodic Campaign Report, July
- 2023 Periodic Campaign Report, June
- 2023 Periodic Campaign Report, May
- 2022 Annual Campaign Report
- 2021 Annual Campaign Report
- 2020 Annual Campaign Report
- 2020 January Report
- 2019 PreElection Report
- 2019 October Report
Statements of Financial Interests
Contact Information
Office of the State Treasurer
P.O. Box 138
Jackson, MS 39205-0138
Website: treasury.ms.gov/
Phone: (601) 359-3600
Email: NA