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Content Tagged As treasurer

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  • Pro-Kennedy PAC has less than expected in campaign account

    April 21, 2016 5:54 AM

    BATON ROUGE- A super PAC supporting state Treasurer John Kennedy in Louisiana's U.S. Senate race has missed the fundraising mark it expected to reach. Make Louisiana Proud PAC had previously announced that it expected to have more than $2.3 million in the bank to bolster Kennedy's candidacy for the fundraising... more »
  • Treasurer Kennedy announces $800K raised for US Senate race

    April 6, 2016 5:32 PM

    BATON ROUGE - Republican Treasurer John Kennedy says he has raised more than $800,000 for his U.S. Senate campaign. Kennedy's campaign announced the fundraising figure Wednesday, more than a week before reports for the quarter ending March 31 are due to the Federal Election Commission. The state treasurer's campaign says... more »
  • Governor to meet with credit rating agencies after downgrade

    March 17, 2016 4:30 AM

    BATON ROUGE- Gov. John Bel Edwards is visiting with representatives of the major credit rating agencies, after Louisiana was hit with one downgrade and is threatened with more. Edwards spokesman Richard Carbo says the governor will meet with rating agency officials Thursday evening at the governor's mansion. Also invited to... more »
  • Treasurer could save Louisiana money with office move

    February 29, 2016 12:22 PM

    BATON ROUGE - Gov. John Bel Edwards administration is questioning why Treasurer John Kennedy hasn't moved his employees to cheaper office space to help the state save money. Edwards' chief financial adviser, Jay Dardenne, sent a letter to Kennedy on Friday asking him for more information about 12,000 square feet... more »
  • State Treasurer Kennedy to run for U.S. Senate

    January 26, 2016 8:47 AM

    BATON ROUGE - In an email statement, Louisiana State Treasurer John Kennedy made it official that he is running for U.S. Senate in 2016. Kennedy was just sworn in as state treasurer after winning reelection in October 2015 by an overwhelming 80% of the vote. Kennedy is running for the... more »
  • Kennedy re-elected as La. state treasurer

    October 24, 2015 9:38 PM

    BATON ROUGE - Treasurer John Kennedy has sailed to another term as Louisiana's top money manager and investment official. Kennedy, a Republican from Madisonville, overwhelmingly defeated his lone opponent, Republican lawyer Jennifer Treadway, who raised and spent little money while Kennedy poured $1 million into TV advertising. Saturday's... more »
  • Second Amendment tax holiday Sept. 4-6

    August 27, 2015 1:08 PM

    BATON ROUGE - The Louisiana Department of Revenue said the annual Second Amendment Sales Tax Holiday will take place next week in Louisiana. The holiday waives state and local sales taxes for qualifying purchases of guns, ammo and other hunting supplies from Friday, Sept. 4 through Sunday, Sept. 6.... more »
  • Treasurer Kennedy on Unclaimed Property Play Video

    August 20, 2015 9:16 AM

    BATON ROUGE- Unclaimed property is just lost money. When a business or government has your money, it has to turn it over to the State Treasurer. It's the treasurer's responsibility to get the money back to its rightful owner. This morning, State Treasurer John Kennedy came on 2une... more »
  • Treasurer Kennedy on the BP settlement Play Video

    July 22, 2015 10:22 AM

    BATON ROUGE- Just a few weeks ago, state officials announced Louisiana would be getting $6.8 billion from the lawsuit with BP over the 2010 oil spill. This morning, Treasurer John Kennedy stopped by 2une In to break down what this money means for the state. Five billion dollars of... more »
  • Class action members are owed on average $1,640

    May 19, 2015 3:28 AM

    BATON ROUGE- The Louisiana state treasurer is holding money for more than 4,500 people who participated in a class action lawsuit against the Citizens Property Insurance Corporation. Treasurer John Kennedy says in a news release Monday that most class action members are owed on average $1,640. He says there are... more »
  • Treasurer Kennedy on budget issues Play Video

    May 7, 2015 10:18 AM

    BATON ROUGE- The budget battle is heating up today at the Capitol. Lawmakers are expecting a long debate as they consider a dozen tax changes in the hopes of getting more money to balance next year's budget. State Treasurer, John Kennedy talked to News 2's John Pastorek about what the... more »
  • Vitter picks up backing from treasurer in governor's race

    May 4, 2015 1:56 PM

    BATON ROUGE - Treasurer John Kennedy, a popular state politician who once considered running for governor, is instead supporting U.S. David Vitter for the job in this fall's election. Vitter announced the endorsement from his fellow Republican at an event Monday. In a statement declaring his support for the GOP... more »
  • Treasurer John Kennedy running for re-election, not governor

    April 9, 2015 12:32 PM

    BATON ROUGE - Treasurer John Kennedy has ended speculation about his political plans, announcing that he's running for re-election this fall. The long-time state treasurer, a Republican, had considered bids for governor or attorney general in the Oct. 24 election. But with an email to supporters Thursday, Kennedy said he... more »
  • Moody's warns state credit rating may drop

    February 2, 2015 12:02 PM

    BATON ROUGE - State Treasurer John Kennedy said Moody's Investors Service notified them that Louisiana's continuing budget problems could lead them to downgrade the state's credit rating from stable to negative. Kennedy said such a rating would make investors less willing to loan the state money and raise interest... more »
  • Jindal and Kennedy reach a deal on $200M borrowing

    November 6, 2014 4:04 PM

    BATON ROUGE - Treasurer John Kennedy and Gov. Bobby Jindal's administration have struck a deal that will allow the state to borrow $200 million for construction work. Both sides confirmed Thursday that a compromise had been reached and no construction work was delayed. At issue was whether Louisiana ended last... more »
  • State reshuffling money to keep colleges afloat

    April 25, 2014 5:46 PM

    BATON ROUGE - Louisiana's public colleges had to get a $40 million loan from the state treasury to continue paying expenses. That's because the financing used by Gov. Bobby Jindal's administration to fund higher education has been slow to arrive. The loan request was filed this week with Treasurer John... more »
  • State construction projects back on track

    October 11, 2013 11:44 AM

    BATON ROUGE - Higher revenue forecasts and low interest rates have Louisiana's construction projects back on track. Louisiana had been close to its constitutional limit on debt. State Treasurer John Kennedy said the money to pay for ongoing construction was running out, with no room to borrow more.... more »
  • Nonprofit organizations tied to state senator Play Video

    August 14, 2013 6:39 PM

    BATON ROUGE - A News 2 investigation shows links between Louisiana State Senator Yvonne Dorsey-Colomb, her husband and two nonprofit organizations targeted by State Treasurer John Kennedy's Office. Kennedy sent a list of Non-Governmental Organizations , or NGO's, that have failed to provide documentation to the state outlining how... more »
  • Kennedy seriously considering governor's run Play Video

    July 29, 2013 2:32 PM

    BATON ROUGE - Treasurer John Kennedy said he's seriously considering a run for the Louisiana governor's office, but stopped short of throwing his hat into the race. He made the statement while speaking at the Baton Rouge Press Club Monday. Kennedy also announced today he's planning to give... more »
  • Ark. treasurer accused of taking cash from broker

    May 20, 2013 12:57 PM

    LITTLE ROCK, Ark. - Arkansas' state treasurer is being accused of repeatedly taking cash payments, sometimes in a pie box, from a broker who saw his share of business with the state increase in recent years. Martha Shoffner made her initial court appearance Monday and was released on her own... more »
  • Treasurer pushes for vote on Jindal tax plan

    March 29, 2013 10:20 AM

    BATON ROUGE - Treasurer John Kennedy says he thinks voters should decide whether to rewrite Louisiana's tax laws, if lawmakers pass Gov. Bobby Jindal's tax swap. Kennedy said in a column Thursday that the governor's proposal would impact every Louisiana taxpayer, so voters should decide in a statewide election if... more »
  • Governor Jindal responds to Treasurer on budget Play Video

    March 4, 2013 10:20 PM

    BATON ROUGE - Governor Jindal used a statement to respond to Treasurer John Kennedy's rebuff of the state's budget. You can see the entire statement here: Commissioner of Administration Kristy Nichols said: "We appreciate the Treasurer's opinion, but given his long track record of half-baked gimmicks and his... more »
  • Treasurer slams Jindal's budget as unbalanced

    March 4, 2013 2:53 PM

    BATON ROUGE- Treasurer John Kennedy says Gov. Bobby Jindal's budget proposal for next year is unrealistic and unbalanced. Kennedy says that the state will face another round of midyear budget slashing if lawmakers approve the governor's spending plans for the 2013-14 fiscal year. The Republican treasurer says Jindal's budget includes... more »

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