Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today was joined by Senators Pat Browne and Art Haywood and Representatives Matt Bradford, Mike Driscoll, and Mike Peifer to unveil the final report on the proceedings of the Treasury Private Sector Retirement Security Task Force (Task Force).
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that the PA ABLE Savings Program (PA ABLE) has surpassed $15 million in assets; growing by $4 million since the start of 2019. The PA ABLE Program now has more than 2,100 individual accounts open.
Philadelphia, PA – Pennsylvania Treasurer Joe Torsella today was joined by Governor Tom Wolf, Philadelphia Mayor Jim Kenney and Senators Vincent Hughes and John Gordner for the statewide launch of Keystone Scholars. Keystone Scholars grants $100 to every child born or adopted to a Pennsylvania family, on or after January 1, 2019, to be used for future postsecondary education expenses.
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that his office has initiated a class action in the United States District Court for the Southern District of New York against sixteen financial institutions, including Deutsche Bank, Bank of America and Barclays Bank, for allegedly conspiring to fix the prices of bonds issued ...
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced the authorization of an $800 million line of credit from Treasury’s Short Term Investment Pool (STIP) to the General Fund, expiring within 23 days, to ensure adequate liquidity in the General Fund and the ability of the Commonwealth to meet its expenditure needs. The Treasurer and Auditor General both signed off on the line of credit. An initial draw of $650 million on the line of credit was made on Thursday.