Connecticut was nationally lauded for its passage of a law that would implement a baby bonds program. Here’s how the program never got funded.
Shawn Wooden
Shawn Wooden has served as Connecticut’s state treasurer since Jan. 9, 2019. Prior to taking office, he spent 21 years as an investment attorney.
Posted inPolitics
Treasurer Shawn Wooden is not running for reelection
Wooden’s decision not to seek a second term creates a third open seat among the six constitutional statewide offices.
Posted inMoney
Lembo: Extra pension payments mean big savings now — and down the road
By depositing $1.2 billion extra into its pension funds now, the state hopes to save $2.75 billion over 25 years.
Posted inTransportation
CT can delay its transportation financing debate only a few months more
With revenues evaporating and upgrades long overdue, Connecticut will have to act soon to solve its transportation financing problems.
Posted inMoney
Wooden: CT’s cash pool is twice as strong as early days of last recession
The coronavirus may have stymied Connecticut’s economy, but state government’s cash flow — and therefore it’s ability to respond — remains very strong.
Posted inPolitics
Wooden hopes divestiture of gun stocks sparks a national trend
State Treasurer Shawn Wooden brought his “Responsible Gun Policy” tour to Washington D.C. Wednesday to try to persuade other states to follow his lead.
Posted inJustice
State Treasurer introduces plan to divest from gun industry
The plan is the latest move in a state that has enacted stricter gun policies since the 2012 Newtown massacre.
Posted inMoney
Wooden: Spending reserves would weaken investor confidence in CT
Spending state budget reserves to bolster transportation could undermine Connecticut’s readiness for the next recession, weaken investor confidence and increase borrowing costs, the treasurer warned.
Posted inMoney
Pension debt stands between Lamont and fiscal stability for CT
For Gov. Ned Lamont, who insists he will end Connecticut’s cycle of budget deficits — there is no route to long-term stability that doesn’t go through the teachers’ pension.
Posted inPolitics
Wooden and Gray vie to replace a 20-year veteran for state treasurer’s office
Democrat Shawn Wooden and Republican Thad Gray largely see eye-to-eye when it comes to the state’s massive pension debt, the state’s growing reliance on borrowing to cover debt payments, and even the financial bailout for Hartford. But when it comes to the proper background to handle the job, the candidates each say their rival is lacking.
Posted inPolitics
A ‘crypto-anarchist’ hands Democrats a new gun issue
You probably never heard his name before today, but Cody Wilson emerged this week as an influence in the Connecticut primaries for governor and attorney general: He is a self-described “crypto-anarchist” from Texas who wants to sell America a downloadable blueprint for the 3D printing of untraceable plastic firearms.
Posted inPolitics
WFP backs Lamont, but opts for Bermudez Zimmerman for LG
The Connecticut Working Families Party, a labor offshoot that promotes progressive issues, announced Tuesday it was backing Eva Bermudez Zimmerman for lieutenant governor in the Democratic primary over Susan Bysiewicz, the candidate endorsed by the Democratic state convention and gubernatorial candidate Ned Lamont.
Posted inPolitics
Shawn Wooden endorsed for treasurer, faces 3-way primary
Former Hartford City Council President Shawn Wooden won the Democratic endorsement for state treasurer Saturday, but will face off in a primary with fellow Hartford lawyer Arunan Arulampalam and former Wall Street trader Dita Bhargava of Greenwich.
Posted inPolitics
Legislative primaries: Two incumbents lose, seven hang on
A longtime state senator fended off a high-profile challenge, while two Bridgeport politicos facing legal troubles lost their bids to return to Hartford. Another Bridgeport candidate knocked off Sen. Anthony Musto of Trumbull, and the House Democrat who co-chaired the legislature’s Sportsmen’s Caucus defeated a challenger who took issue with her vote against new gun restrictions passed in the wake of the Newtown shootings.