
Futures Edge Show: Finance Unfiltered with Jim Iuorio and Bob Iaccino Nevada Treasurer Race Heats Up: Jeffrey Carter on Fixing State Finances
Mar 5, 2026
Jeffrey Carter, former Chicago Mercantile Exchange trader turned Nevada State Treasurer candidate, brings decades of market experience to public finance. He discusses missed debt-reduction chances, professionalizing the treasury, modernizing systems for transparency, 529 plan risks, and how Nevada manages large public portfolios amid rising interest rates and new technologies like crypto and AI.
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Treasurer Should Be Apolitical Finance Role
- Nevada's Treasurer role should be apolitical and run by finance professionals focused on returns.
- Jeffrey Carter argues Nevada manages a $12 billion portfolio and current office missed debt-reduction chances while favoring political agendas.
Treasurer Found Hidden Budget Cash And Cut Debt
- A former North Carolina treasurer found $170 million in forgotten budget lines and retired $55 million of debt.
- He also traded below-par bonds back to par, shaving $30 million off outstanding debt at no taxpayer cost.
Require Finance Credentials For Treasurer Candidates
- Require financial qualifications for treasurer candidates to professionalize the office.
- Carter will introduce a bill to require treasurers to be accredited investors or have demonstrable finance credentials.
