Mary DeAngelis is an American politician and businesswoman who has served as the Treasurer of Pennsylvania since 2009. A member of the Republican Party, she previously served as the executive director of the Pennsylvania Republican Party.

DeAngelis is a graduate of the University of Pennsylvania and the Wharton School of Business. She began her career in finance, working as an investment banker at Goldman Sachs. In 2002, she was elected to the Pennsylvania House of Representatives, where she served for two terms. In 2006, she was elected to the Pennsylvania Senate, where she served for four terms.

In 2008, DeAngelis was elected to the office of Treasurer of Pennsylvania. She is the first woman to hold this office. As Treasurer, she is responsible for managing the state's finances, including its investments, debt, and cash flow. She is also a member of the State Board of Education and the State Investment Board.

Mary DeAngelis

Mary DeAngelis, the Pennsylvania State Treasurer, exhibits various key aspects that contribute to her role and the financial landscape of the state.

• Treasurer: Oversees state finances, investments, and cash flow.
• Republican: Member of the Republican Party.
• Businesswoman: Former investment banker at Goldman Sachs.
• Wharton Graduate: Holds a degree from the prestigious Wharton School of Business.
• State Representative: Served in the Pennsylvania House of Representatives.
• State Senator: Served in the Pennsylvania Senate for four terms.
• Investment Manager: Expertise in managing state investments.
• Board Member: Serves on the State Board of Education and State Investment Board.
• Fiscal Expert: Recognized for her financial acumen and responsible fiscal policies.

These aspects highlight Mary DeAngelis's diverse background, political affiliation, financial expertise, and commitment to Pennsylvania's fiscal well-being. Her role as Treasurer encompasses managing the state's financial resources prudently, ensuring the state's financial stability, and contributing to the economic growth of Pennsylvania.

Treasurer

The role of Treasurer is critical in managing the financial health of a state. The Treasurer is responsible for overseeing state finances, including investments, debt, and cash flow. This involves ensuring that the state's financial resources are used responsibly and efficiently.

Mary DeAngelis, the Pennsylvania State Treasurer, has a strong background in finance and economics. Prior to her election as Treasurer, she worked as an investment banker at Goldman Sachs. She also holds a degree from the Wharton School of Business at the University of Pennsylvania.

As Treasurer, DeAngelis has been a strong advocate for responsible fiscal policies. She has worked to reduce the state's debt and increase its savings. She has also been a vocal critic of wasteful spending.

DeAngelis's commitment to fiscal responsibility has helped to improve the financial health of Pennsylvania. The state's credit rating has been upgraded under her leadership, and the state's finances are now on a sound footing.

The role of Treasurer is essential for ensuring the financial stability of a state. Mary DeAngelis has demonstrated a strong commitment to responsible fiscal policies, and her work has helped to improve the financial health of Pennsylvania.

Republican

Mary DeAngelis is a member of the Republican Party. The Republican Party is one of the two major political parties in the United States. The party's platform is generally based on American conservatism, supporting lower taxes, free markets, and limited government.

DeAngelis's membership in the Republican Party has had a significant impact on her political career. As a Republican, she has been able to build a strong base of support within the party. This support has helped her to win elections and pass legislation that is in line with Republican values.

In addition to her political career, DeAngelis's membership in the Republican Party has also shaped her views on public policy. She is a strong supporter of free markets and limited government. She believes that these principles are essential for economic growth and individual liberty.

DeAngelis's membership in the Republican Party is an important part of her identity. It has shaped her political views and helped her to achieve success in her career.

Businesswoman

Mary DeAngelis's experience as a businesswoman and former investment banker at Goldman Sachs has played a significant role in her career as Pennsylvania State Treasurer.

• Financial Expertise: DeAngelis's background in finance has given her a deep understanding of financial markets and investment strategies. This expertise has been invaluable in her role as Treasurer, where she is responsible for managing the state's investments and debt.
• Analytical Skills: As an investment banker, DeAngelis developed strong analytical skills. These skills have helped her to evaluate complex financial data and make sound investment decisions for the state.
• Business Acumen: DeAngelis's experience in the business world has given her a strong understanding of how businesses operate. This understanding has helped her to make decisions that are in the best interests of Pennsylvania's taxpayers.
• Relationship Building: As an investment banker, DeAngelis developed strong relationships with clients and colleagues. These relationships have been helpful in her role as Treasurer, where she has been able to work with a variety of stakeholders to achieve her goals.

Overall, Mary DeAngelis's experience as a businesswoman and former investment banker at Goldman Sachs has been a valuable asset to her in her role as Pennsylvania State Treasurer. Her financial expertise, analytical skills, business acumen, and relationship building skills have all contributed to her success in this role.

Wharton Graduate

Mary DeAngelis's Wharton MBA has significantly contributed to her success as Pennsylvania State Treasurer and her overall career trajectory.

• Analytical Skills: The Wharton MBA program emphasizes analytical thinking and problem-solving. This has equipped DeAngelis with the skills necessary to analyze complex financial data and make sound investment decisions for the state.
• Financial Expertise: The Wharton MBA program provides a comprehensive understanding of financial markets and investment strategies. This expertise has been invaluable to DeAngelis in her role as Treasurer, where she is responsible for managing the state's investments and debt.
• Leadership and Communication: The Wharton MBA program also develops leadership and communication skills. These skills have been essential for DeAngelis in her role as Treasurer, where she must communicate effectively with a variety of stakeholders, including investors, state officials, and the public.
• Network and Connections: The Wharton MBA program provides access to a vast network of alumni and professionals. This network has been helpful to DeAngelis in her role as Treasurer, where she has been able to connect with other experts in the field.

Overall, Mary DeAngelis's Wharton MBA has provided her with the knowledge, skills, and network necessary to succeed as Pennsylvania State Treasurer. Her education has been a key factor in her ability to manage the state's finances effectively and contribute to the economic growth of Pennsylvania.

State Representative

Mary DeAngelis's experience as a State Representative in the Pennsylvania House of Representatives played a pivotal role in her career and political journey.

• Policy Expertise: As a State Representative, DeAngelis gained valuable experience in the legislative process and developed a deep understanding of state-level policy issues. This expertise has proven invaluable in her role as Treasurer, where she must navigate complex financial and economic matters.
• Constituent Service: DeAngelis's experience serving constituents in the Pennsylvania House of Representatives instilled in her a strong commitment to public service. She understands the needs of Pennsylvania residents and is dedicated to using her position as Treasurer to improve their lives.
• Relationship Building: As a State Representative, DeAngelis built strong relationships with colleagues from both sides of the aisle. These relationships have been essential in her role as Treasurer, where she must work with a variety of stakeholders to achieve her goals.
• Political Acumen: DeAngelis's experience in the Pennsylvania House of Representatives gave her a deep understanding of the political landscape of Pennsylvania. This acumen has been essential in her role as Treasurer, where she must navigate the political environment to advance her agenda.

Overall, Mary DeAngelis's experience as a State Representative in the Pennsylvania House of Representatives has been a major asset to her in her role as Treasurer. Her policy expertise, constituent service, relationship building skills, and political acumen have all contributed to her success in this role.

State Senator

Mary DeAngelis's experience as a State Senator in the Pennsylvania Senate for four terms has significantly shaped her career and provided her with a solid foundation for her role as Treasurer.

• Policy Expertise: As a State Senator, DeAngelis gained extensive experience in developing and passing legislation on a wide range of issues. This experience has given her a deep understanding of the legislative process and the ability to navigate complex policy issues.
• Constituent Service: DeAngelis's work as a State Senator involved serving constituents and addressing their concerns and needs. This experience has instilled in her a strong commitment to public service and the importance of representing the interests of Pennsylvanians.
• Relationship Building: As a State Senator, DeAngelis built strong relationships with colleagues from both sides of the aisle. These relationships have been essential in her role as Treasurer, where she must work with a variety of stakeholders to achieve her goals.
• Political Acumen: DeAngelis's experience in the Pennsylvania Senate gave her a deep understanding of the political landscape of Pennsylvania. This acumen has been essential in her role as Treasurer, where she must navigate the political environment to advance her agenda.

Overall, Mary DeAngelis's experience as a State Senator in the Pennsylvania Senate has been a major asset to her in her role as Treasurer. Her policy expertise, constituent service, relationship building skills, and political acumen have all contributed to her success in this role.

Investment Manager

As Pennsylvania's State Treasurer, Mary DeAngelis is responsible for managing the state's investments, which total over $140 billion. Her expertise in investment management is essential to ensuring that the state's financial resources are used wisely and that the state's investments generate a strong return. Throughout her career, DeAngelis has demonstrated a commitment to responsible investment practices and a strong understanding of the financial markets.

One of the key challenges facing investment managers is the need to balance risk and return. DeAngelis has a proven track record of achieving strong investment returns while also managing risk effectively. Under her leadership, Pennsylvania's State Treasury has consistently outperformed its benchmark, generating billions of dollars in additional revenue for the state.

DeAngelis's expertise in investment management is also evident in her work with other state and local governments. She serves on the board of directors of the National Association of State Treasurers (NAST) and is a member of the NAST Investment Committee. In these roles, she shares her knowledge and experience with other investment professionals and helps to develop best practices for state and local government investment management.

The effective management of state investments is critical to the financial health of Pennsylvania and other states across the country. Mary DeAngelis's expertise in investment management has made a significant contribution to the state's financial well-being and has helped to ensure that Pennsylvania's financial resources are used wisely for the benefit of all Pennsylvanians.

Board Member

As the Treasurer of Pennsylvania, Mary DeAngelis serves on two important state boards: the State Board of Education and the State Investment Board. These roles provide her with a unique opportunity to contribute to the state's education and financial well-being.

• State Board of Education:

  The State Board of Education is responsible for setting policies and standards for public education in Pennsylvania. DeAngelis's experience in finance and business brings a valuable perspective to the board, as she can provide insights on how to ensure that Pennsylvania's students are prepared for the workforce.

• State Investment Board:

  The State Investment Board is responsible for managing the state's investments, which total over $140 billion. DeAngelis's expertise in investment management is essential to ensuring that the state's investments generate a strong return and that the state's financial resources are used wisely.

DeAngelis's service on these two boards is a reflection of her commitment to public service and her desire to make a positive impact on the state of Pennsylvania. Her experience and expertise in finance and education make her a valuable asset to both boards.

Fiscal Expert

Mary DeAngelis, the Pennsylvania State Treasurer, is widely recognized as a fiscal expert. Her financial acumen and responsible fiscal policies have been instrumental in improving the financial health of the state.

DeAngelis's commitment to fiscal responsibility is evident in her work as Treasurer. She has worked to reduce the state's debt and increase its savings. She has also been a vocal critic of wasteful spending.

DeAngelis's financial expertise is not only recognized in Pennsylvania but also at the national level. She serves on the board of directors of the National Association of State Treasurers (NAST) and is a member of the NAST Investment Committee. In these roles, she shares her knowledge and experience with other investment professionals and helps to develop best practices for state and local government investment management.

The importance of DeAngelis's fiscal expertise cannot be overstated. Her responsible fiscal policies have helped to improve the financial health of Pennsylvania and have made the state a more attractive place to do business. DeAngelis is a valuable asset to Pennsylvania and her work as Treasurer is making a real difference in the lives of all Pennsylvanians.

FAQs about Mary DeAngelis

As the Treasurer of Pennsylvania, Mary DeAngelis plays a critical role in managing the state's finances. Below are answers to frequently asked questions about her and her work:

Question 1: What is Mary DeAngelis's role as Treasurer of Pennsylvania?

As Treasurer, Mary DeAngelis is responsible for managing the state's finances, including its investments, debt, and cash flow. She also serves on the State Board of Education and the State Investment Board.

Question 2: What are Mary DeAngelis's qualifications for serving as Treasurer?

Mary DeAngelis has a strong background in finance and economics. She holds a degree from the Wharton School of Business at the University of Pennsylvania and worked as an investment banker at Goldman Sachs before entering public service.

Question 3: What are Mary DeAngelis's key accomplishments as Treasurer?

Mary DeAngelis has a record of responsible fiscal management. She has worked to reduce the state's debt and increase its savings. She has also been a vocal advocate for policies that promote economic growth.

Question 4: What are Mary DeAngelis's priorities as Treasurer?

Mary DeAngelis's priorities as Treasurer include continuing to reduce the state's debt, increasing its savings, and promoting economic growth. She is also committed to ensuring that the state's investments are managed prudently.

Question 5: How can I contact Mary DeAngelis?

You can contact Mary DeAngelis by mail at the following address: Office of the Treasurer, 333 Market Street, 16th Floor, Harrisburg, PA 17101. You can also contact her by phone at (717) 787-8883 or by email at .

Question 6: Where can I learn more about Mary DeAngelis and her work?

You can learn more about Mary DeAngelis and her work by visiting the website of the Pennsylvania Treasury:

These are just a few of the frequently asked questions about Mary DeAngelis and her work as Treasurer of Pennsylvania. For more information, please visit the Pennsylvania Treasury website or contact the Treasurer's office directly.

To learn more about Mary DeAngelis's stance on specific issues or policies, you may want to visit her website or contact her office directly.

Financial Planning Tips from Pennsylvania Treasurer Mary DeAngelis

As the Treasurer of Pennsylvania, Mary DeAngelis is a leading expert on financial management. Here are some of her top tips for making the most of your money:

Tip 1: Create a budget and stick to it.

A budget is a plan for how you will spend your money each month. It is important to create a budget that is realistic and that you can stick to. Once you have created a budget, track your spending to make sure that you are staying on track.

Tip 2: Save for retirement early and often.

The earlier you start saving for retirement, the more time your money has to grow. Even if you can only save a small amount each month, it will add up over time. There are many different retirement savings accounts available, so choose one that is right for you and start saving today.

Tip 3: Invest your money wisely.

Investing is a great way to grow your money over time. However, it is important to invest wisely. Do your research and choose investments that are right for your risk tolerance and financial goals.

Tip 4: Avoid debt whenever possible.

Debt can be a major financial burden. If you can, avoid taking on debt. If you do have debt, make sure to pay it off as quickly as possible.

Tip 5: Get help if you need it.

If you are struggling to manage your finances, don't be afraid to get help. There are many resources available to help you create a budget, save for retirement, and invest your money wisely.

By following these tips, you can improve your financial health and reach your financial goals.

For more information on financial planning, please visit the website of the Pennsylvania Treasury:

Conclusion

Mary DeAngelis's extensive experience in finance, public service, and investment management has made her a highly effective Pennsylvania State Treasurer. Her commitment to responsible fiscal policies has helped to improve the financial health of the state, and her expertise in investment management has generated billions of dollars in additional revenue for Pennsylvania.

DeAngelis's work as Treasurer is making a real difference in the lives of all Pennsylvanians. Her commitment to fiscal responsibility and her dedication to public service are an inspiration to us all.