State Treasurer candidate, John Norwood, wants state funds in Iowa banks
Iowa State Treasurer Candidate John Norwood explains his IPERS concerns, discusses the problems with Iowa officials selecting lowest-bidders on state projects, and shares how he'd pull all state funds from national banks into Iowa banks.
Despite Iowa Republicans being clear about supporting IPERS with no intention to change it, Norwood shares why he is still concerned. He also explains the economics behind moving 2.5 billion dollars of state funds into Iowa banks, he says even if the investment returns are lower, the overall state economic impact is worth it.
💡 Find this show on your favorite…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.