近距离内射合集

The New Mexico State Treasurer鈥檚 Office is investing about $20 billion of public funds right now 鈥� money held on behalf of state agencies and local governments across New Mexico. How is it performing relative to appropriate benchmarks? The answer exists 鈥� but it is buried in monthly technical reports designed for a small advisory council. No plain-English annual investment performance report exists for ordinary New Mexicans who want to know how their money is being managed.

The state treasurer manages New Mexico鈥檚 day-to-day finances. The treasurer invests public funds in a way that ensures state agencies can meet their obligations, while at the same time earning a reasonable return. The state treasurer is also a member of 13 state financial boards and councils 鈥� with oversight responsibility for an additional $160 billion in state funds.

It is one of the least glamorous jobs in state government. It is also one of the most consequential. The returns generated by the treasurer鈥檚 investment portfolio directly support the services New Mexicans depend on 鈥� because unlike the federal government, New Mexico cannot borrow money to cover operating expenses.

My name is James Ellison. I am a chartered financial analyst 鈥� a credential that reflects rigorous training in investment analysis, portfolio management and fiduciary ethics. I also served as a commissioner with the New Mexico Public Regulation Commission in 2023 and 2024, where I evaluated competing financial analyses in utility rate cases and rendered binding decisions on complex financial questions. That experience sharpened my ability to ask the right questions and evaluate financial claims critically 鈥� exactly the kind of judgment the State Treasurer鈥檚 Office requires. I am running for state treasurer because I believe this office can and should do better.

If elected, I will make three commitments to New Mexico taxpayers. First, I will publish a new Annual Investment Performance Report within four months of the fiscal year鈥檚 end. It will be easily accessible and written for the general public in plain English, showing how the treasurer鈥檚 investments performed and how that performance compares to appropriate benchmarks.

Second, I will publish the complete Annual Report of the treasurer鈥檚 operations by Dec. 31 of each year. The FY2025 Annual Report was posted on the treasurer鈥檚 website on June 5  鈥� almost one year after the fiscal year ended. New Mexicans deserve better.

Third, I will advocate for transferring the state鈥檚 unclaimed property program 鈥� currently housed in the Taxation and Revenue Department 鈥� to the State Treasurer鈥檚 Office, where it belongs. Taxation and Revenue is currently holding $390 million in unclaimed assets that belong to New Mexicans. Less than 5% of the assets held were returned to their rightful owners last year. In 31 out of 50 states, this function sits with the state treasury. Whereas the mission of the State Treasurer鈥檚 Office is stewardship of the funds entrusted to it, Taxation and Revenue is set up to collect money 鈥� not distribute it. Once transferred to the State Treasurer鈥檚 Office, I will make returning these funds to their rightful owners a priority.

Let me be direct. Out of all the statewide offices in New Mexico, this one is the least partisan in nature. It requires financial competence, honesty and sound judgment 鈥� qualities that have nothing to do with party affiliation. I am asking you to evaluate me on those terms. Visit my website at EllisonForNM.com to learn more.

James Ellison is the Republican nominee for New Mexico state treasurer.