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R.I. injects $10M into small-business loan program

PROVIDENCE – The state is injecting a fresh infusion of $10 million into the Small Business Loan Program known as BankLOCAL, which incentivizes local...
R.I. GENERAL TREASURER Seth Magaziner launched a campaign to encourage individuals to purchase Rhode Island state bonds. Above, a bond advertisement illustrated by local artist Simon Allen. / COURTESY R.I. GENERAL TREASURER'S OFFICE

Magaziner highlights efforts to boost individual buyers for state bonds

PROVIDENCE – R.I. General Treasurer Seth Magaziner has launched a campaign to encourage Rhode Islanders to purchase state bonds to support school construction, clean...

Magaziner, other investors put financial muscle behind diversity initiative

PROVIDENCE – R.I. General Treasurer Seth Magaziner, along with government and institutional investors from states across the region, announced last week the Northeast Investors’...

Five Questions With: Seth Magaziner

Seth Magaziner is serving his second four-year term as Rhode Island’s general treasurer after being reelected in November 2018. Magaziner graduated from Brown University,...

Student Loan Bill of Rights provides new protections for R.I....

PROVIDENCE – Gov. Gina M. Raimondo and other Rhode Island officials gathered Monday at the State House Library for a ceremonial signing of the...

R.I. gets $269M federal loan to help clean up Narragansett Bay

EAST PROVIDENCE – Rhode Island authorities have received a $268.7 million federal loan to help pay for construction of a 2.2-mile sewage containment tunnel...

Magaziner details actions to boost corporate accountability of pension investees

PROVIDENCE – An overview released Sept. 3 by the R.I. Office of the General Treasurer details actions the office has taken over the past...
THE RHODE ISLAND PENSION system had a return rate of 6.5% in fiscal 2019, according to R.I. General Treasurer Seth Magaziner. / PBN FILE PHOTO/MICHEAL SALERNO

R.I. pension plan sees 6.5% return in FY19

PROVIDENCE – The Rhode Island state worker pension plan had a one-year rate of return in fiscal 2019 of 6.5%, according to a report...
SETH MAGAZINER, the state’s general treasurer, came out with a report that found seven Rhode Island municipalities have financial liabilities exceeding recommended levels./PBN FILE PHOTO/MICHEAL SALERNO

State finds seven municipalities with excessive financial liabilities

PROVIDENCE – Seven Rhode Island cities and towns have debt and pension liabilities in excess of recommended limits, warranting heightened attention from officials in...

Lawmakers approve consumer protections for student-loan servicing practices

PROVIDENCE – Lawmakers approved the Student Loan Bill of Rights to protect Rhode Islanders through new consumer protections and oversight of student-loan servicing practices,...
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