Is it possible the Alabama Legislature knew the loan would never be approved, but wanted to shift the blame to the treasurer instead of taking the heat themselves?
Speaking at a Huntsville meeting of the Madison County Republican Men's Club on Saturday, Boozer warned that the recent Biden-Harris bailout of student government loans using taxpayer funds has created a dangerous precedent and a serious moral hazard for the United States.
I hate the idea of BSC going away. But I also hate that actions should have no consequences. Bad form should not be bailed out with our tax dollars.
A bill that would make another attempt at getting a $30 million loan to Birmingham-Southern College (BSC) will likely be considered in the Senate next week.
I stand by my decision to deny using Alabama taxpayer dollars for a loan to an institution which I believe has been grossly mismanaged for many years.
New legislation filed by State Sen. Jabo Waggoner (R-Vestavia Hills) on Tuesday would replace Alabama State Treasurer Young Boozer as the administrator of a $30 million loan program designed to bail out Birmingham-Southern College.
State officials will consider purchasing property in Montgomery where the state’s motor vehicle pool used to be located.
Members of Gov. Kay Ivey’s Study Group on Efficiency in State Government recommended creating a new state agency to house occupational licensing boards and commissions on Tuesday.
Members of Gov. Kay Ivey’s Study Group on Efficiency in State Government will consider next week whether to recommend creating a new state agency to house occupational licensing boards and commissions.
Birmingham-Southern College (BSC) will likely stay open until at least the end of the 2024 spring semester after possibly securing additional funding from the city of Birmingham and other sources, according to BSC president Daniel Coleman.
“New potential sources of funding have engaged” with Birmingham-Southern College in efforts to keep the private school open, according to Birmingham-Southern College president Daniel Coleman.
The State of Alabama will increase its investment in Israeli bonds on Wednesday.
A Birmingham-Southern spokesperson restated their position that they should’ve been given a state loan in response to a statement over the weekend by Alabama State Treasurer Young Boozer calling them a “terrible credit risk.”
Alabama State Treasurer Young Boozer is “disappointed with the incendiary rhetoric” of Birmingham-Southern College president Daniel Coleman after he said last week Boozer acted in “bad faith” in denying a state loan to the private school.
Birmingham-Southern College (BSC) might’ve received a planned $30 million state loan if the city of Birmingham and Jefferson County governments had “stepped up” to guarantee or fund some of the loan, according to State Sen. Arthur Orr (R-Decatur).
Montgomery County Circuit Judge James Anderson dismissed a lawsuit on Wednesday filed by Birmingham-Southern College (BSC) last week against Alabama State Treasurer Young Boozer.
Alabama Attorney General Steve Marshall asked Montgomery County Circuit Judge James Anderson on Monday to dismiss a lawsuit recently filed by Birmingham-Southern College (BSC) against Alabama State Treasurer Young Boozer for denying the private school a $30 million state loan last week.
Birmingham-Southern College (BSC) will likely shut down at the end of the semester absent a court order forcing Alabama State Treasurer Young Boozer to issue the private school a $30 million state loan.
Birmingham-Southern College (BSC) officials filed a lawsuit Wednesday against Alabama State Treasurer Young Boozer after he notified the private school he was denying its requested $30 million state loan.
The Alabama State Treasurer’s Office is now accepting applications for the Distressed Institutions of Higher Education Revolving Loan Program.
State Treasurer Young Boozer said on Friday he’s requested an opinion from the Alabama Attorney General’s Office about the constitutionality of the Distressed Institutions of Higher Education Revolving Loan Program recently passed by the legislature.
Alabama Gov. Kay Ivey joined Florida Gov. Ron DeSantis and 17 other states to oppose President Joe Biden’s efforts to keep environmental, social and governance investing in employee pension plans.
A study group made up of elected officials and state employees will soon begin to look for ways to “improve efficiency and streamline operations” in the executive branch of state government.
Alabama state treasurer Young Boozer assured that the Alabama State Treasury (AST) does not make investment decisions using ESG criteria.
The State of Alabama's coffers are flush with cash, at least for now.
By Brandon Moseley The Alabama Forestry Association (AFA) announced it endorses Republican incumbent Young Boozer for State Treasurer...
By Brandon Moseley The Alabama Secretary of State’s office released the latest campaign finance reports on Friday. The incumbent Governor....