, Oregon , United States
|| August 13, 1961
Dec 14, 2006 11:21pm
|Info||Randall Edwards was born in Eugene, Oregon on August 13, 1961 and raised in Walla Walla, Washington where he spent his summers working the wheat and pea harvests. Edwards earned a Bachelor's degree in economics from Colorado College in 1983 and a Masters of Business Administration from George Washington University in 1990. |
Edwards was elected to the House of Representatives in 1996. In the legislature, he was a financial leader�improving school funding, saving taxpayers money through the creation of the Oregon School Bond Guaranty Act, and pushing into law an innovative financing plan to rebuild Oregon's State Parks. He also authored the Treasury's College Savings Plan, which allows Oregonians to save $2,000 a year tax free for college. From 1992-1996, Edwards was a manager and senior advisor at the Oregon Treasury. Edwards was elected State Treasurer in 2000.
Edwards' professional experience also includes tenures as managing partner for EDJE Consulting and as an International Trade Analyst, U.S. Department of Commerce.
He and his wife, Julia Brim-Edwards, live in Portland with their three young children. Edwards is a school volunteer, and he serves on the Citizen Education Commission and the Trillium Family Services Board.
State Treasurer Randall Edwards
159 State Capitol, Salem 97310-0804; 503-378-4329
Randall Edwards, Portland; Democrat; elected 2000; term expires January 2005. The state treasurer is a constitutional officer and a statewide elected official. The treasurer serves a four-year term and, if re-elected, can hold office for two terms.
The treasurer serves as the chief financial officer for the state and is responsible for the prudent financial management of billions of taxpayer dollars. The treasurer also serves as the state's chief investment officer, and has the duty of investing the moneys of the Public Employees Retirement Fund, the State Accident Insurance Fund, the Common School Fund and numerous smaller funds.
The treasurer serves on a variety of state financial boards and on the State Land Board which has a fiduciary duty to manage state trust lands for the benefit of the Common School Fund.
Over the years, the Treasury has evolved into a highly sophisticated organization with a wide range of financial responsibilities, including managing the investment of state funds, issuing state bonds, serving as the central bank for state agencies and administering the Oregon College Savings Plan.
The Treasury manages a portfolio of approximately $48 billion, with investments ranging from common stock, bonds, and real estate to alternative equity investments, foreign stocks, and U.S. Treasuries.
At year-end 2001, the State Treasury had approximately $618 million invested throughout Oregon. Those investments help to create jobs and spur economic development in the state.