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Weisel to run for treasurer

The Associated Press

Published: Mon, Aug. 06, 2007 01:15PM

Modified Mon, Aug. 06, 2007 01:25PM

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Raleigh attorney Michael Weisel has added his name to the growing list of candidates to succeed Richard Moore as state treasurer.

Weisel announced his campaign for the Democratic nomination over the weekend. If elected, Weisel said, he would retain the state’s top credit rating while protecting the $75 billion government employee pension funds and promote financial literacy among children.

“I believe the job of state treasurer is more than just managing money,” Weisel said in an e-mail released Sunday. “It’s about helping people to manage their own futures.”

Moore is running for the Democratic gubernatorial nomination.

Weisel, an attorney for the Bailey & Dixon law firm in Raleigh, has worked as an attorney for the state Democratic Party and was chairman of the Wake County Democrats.

In recent years, Weisel also was counsel to House Speaker Pro Tempore Richard Morgan, a Republican. Weisel represented Morgan last year in a campaign finance complaint against a political group that sent out mailers critical of GOP House members aligned with Morgan.

Weisel ran unsuccessfully for treasurer in 1996, losing in the Democratic primary to longtime treasurer Harlan Boyles.

State Sen. Janet Cowell and Chris Mintz, president of a Raleigh investment management company, also are seeking the Democratic nomination in the May primary. Reps. Bill Daughtridge of Rocky Mount and Dale Folwell of Winston-Salem want the Republican nomination. ———

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