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Janet Cowell
Former State Treasurer / North Carolina
Treasurer Janet Cowell was North Carolina’s first woman to win the post, serving from 2009 to 2017. Known for her independence and commitment to doing what is right regardless of politics, Cowell transformed the Department of State Treasurer, bringing in experts from outside government and instituting reforms critical to North Carolina’s long-term fiscal health. Under her executive leadership as Treasurer, North Carolina maintained a triple-A Bond rating for strong financial and debt management practices, and was recognized as one of only seven states to earn the rating. On January 1, 2012, Cowell stepped up to oversee the State Health Plan, recognizing an opportunity to provide enhanced governance and accountability of critical health benefits provided to the 650,000 members in North Carolina.
After earning an MBA, Cowell worked as a financial analyst with banks, and later provided business consulting to various Fortune 500 companies and served as an adjunct professor at two institutions of higher learning in the state. In 2001, Cowell began contributing her financial expertise and leadership to work for the citizens of North Carolina. She was elected to Raleigh City Council in 2001 (serving two terms), was elected to the North Carolina State Senate in 2004, and began serving as Treasurer in 2008.
In 2011, she worked to integrate financial education with K-12 social studies curriculum across the state, visited many of North Carolina’s institutions of higher learning to educate students on managing student debt, and recently partnered with the State Education Assistance Authority and the Community College System to launch Advanced Money Management for Community College Students.
Janet Cowell’s Ideas
Problem Because many states continue to face budget challenges, many states have scaled back critical funding for education and entrepreneurship. Solution State Treasurer Cowell proposes the creation of a multi-billion dollar state-funded endowment using escheat money that pays for community college and university scholarships and invests in high-growth funds and […]
Education | Janet Cowell | Former State Treasurer | North Carolina
Problem Currently, several groups manage various financial literacy resources and tools within their own domains but there is no central location or resource for people of every age to leverage these tools. Additionally, there is no group to look for partnership opportunities across these organizations and resources. Solution State Treasurer […]
Safety Net | Janet Cowell | Former State Treasurer | North Carolina
Problem Existing retirement programs for teachers often charge employees high fees and thus reduce amounts employees are actually saving for retirement. Solution State Treasurer Cowell set up a publicly sponsored statewide retirement plan option that will become available to school districts this fall and can offer lower fees as more […]
Education | Janet Cowell | Former State Treasurer | North Carolina
Problem Public employee benefits are often managed by different agencies, often with different goals and objectives. As a result, the customer experience varies significantly. In addition, the fine points of health and retirement benefits can be difficult to understand and can interfere with employees making optimum decisions for career advancement […]
Smart Government | Janet Cowell | Former State Treasurer | North Carolina
Problem Local government officials are tasked with monitoring and reporting on the financial positions of government but have lacked a method of quickly comparing themselves to peer governments. As a result, it can be difficult for governments to benchmark financial performance and learn best practices related to financial management. Solution […]
Smart Government | Janet Cowell | Former State Treasurer | North Carolina
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join.us2020-07-07 16:01:252020-07-07 16:01:25NewDEAL Forum Launches COVID Recovery Group to Propose Systemic Policy Changes
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Jeff Danielson