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A Message From Joe

by Team Torsella | November 11, 2020 | Featured | 0 Comments

Hi, this is Joe Torsella, and I’m here to share some news. Despite our efforts, it looks like when all the votes are finally tallied, our campaign will come up just a little bit short.

State Treasurer Joe Torsella Issues Statement on Selection of Sen. Kamala Harris for Vice President

by Team Torsella | August 11, 2020 | Featured, News, Press | 0 Comments

Senator Harris joins Biden ticket as running mate to defeat President Trump this November

Treasurer Torsella Lowers Minimum Contribution For PA 529 College And Career Savings Program

by Team Torsella | July 7, 2020 | Featured, News, Press | 0 Comments

Pennsylvania State Treasurer Joe Torsella lowered the minimum contribution for the PA 529 College and Career Savings Program (PA 529) to $10. Previously the minimum contribution amount for the Guaranteed Savings Plan (GSP) was $15, and the Investment Plan’s (IP) was $25.

Hospital Repair Professionals: Let Us Fix Life-saving Devices, Ventilators

by Team Torsella | July 7, 2020 | Featured, News, Press, Uncategorized | 0 Comments

In an open letter to Governor Wolf delivered by PennPIRG and signed by 518 hospital repair experts, a plea was made for manufacturers to stop withholding what technicians need to fix medical equipment including ventilators. The effort is part of PennPIRG’s Right to Repair Campaign, which aims to remove unnecessary barriers to repair that drive up costs for product owners and increase electronic waste.

Every dollar in the Treasury comes from the hard work of Pennsylvania taxpayers. Pennsylvanians need to trust that their money will be managed with fairness and integrity, uncompromised by conflicts of interest, political affiliation, favoritism, or other unfair considerations. Under my administration, the days of needing to know someone to do business with Treasury will be over.

We can and should do much better.

Read Joe’s Transparency Proposal

See Contributions Made to the Campaign

“I’ll be the kind of commonsense problem solver Pennsylvania needs.”

– Joe Torsella

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Every member of the board is entitled to these public records that Senator Muth is seeking, and I stand by her. einnews.com/pr_news/543322…

About 8 months ago from Joe Torsella's Twitter via Twitter Web App

I am disappointed but not surprised that PSERS is once again taking this unfortunate approach to resist transparency. Pennsylvania law is clear: @SenatorMuth and all PSERS board members have an absolute right to review documents to perform their fiduciary duty.

About 8 months ago from Joe Torsella's Twitter via Twitter Web App

If you hear that…good cue to say goodbye and good riddance.

Last year from Joe Torsella's Twitter via Twitter Web App

Promises to consistently “beat the market” (for a hefty fee) are modern day snake oil. Doesn’t work in the long run, and last year’s results don’t predict next year’s. Those truths won’t ever stop some managers from spreading the lie that *they* have the special sauce.

Last year from Joe Torsella's Twitter via Twitter Web App

I fired them because they don't work well for taxpayers. Hedge funds add a needless level of complexity, fees, and--as we’ve now seen again--risk. In fact, tons of research shows the only people that hedge funds consistently work well for are the hedge fund managers themselves.

Last year from Joe Torsella's Twitter via Twitter Web App

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