NC Treasurer: Janet Cowell declares victory

lbonner@newsobserver.comNovember 7, 2012 

  • Results Janet Cowell→  53.82% Steve Royal →  46.18% (100 of 100 counties reporting)

Incumbent Democrat Janet Cowell declared victory in the race for state Treasurer, with unofficial returns showing her defeating Republican Steve Royal by more than 7 percentage points.

The state Treasurer invests the state’s pension fund, and is a financial adviser to state and local governments.

Cowell, who won a second term, pointed to the state’s AAA bond rating and a study by the Pew Center on the States that ranked the state pension fund among the healthiest in the nation as evidence her agency is doing a good job.

Royal, a self-employed CPA from Elkin, tried to make political contributions from those who do business with the treasurer a campaign issue.

He massed about $13,000 for the race, more than half of which came from his own pocket.

Cowell raised nearly $1.2 million.

News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service