Jefferson City, MO – Missouri State Treasurer Vivek Malek remarks on his first 100 days in Office.
In review of the hard work done by him and his dedicated staff of public servants, Treasurer Malek said, “It has been an honor to serve as Missouri’s State Treasurer. Since being sworn-in last January, I stayed true to my commitment to the three P’s; Protecting Missourians’ hard-earned tax dollars, providing opportunities for all Missourians, and promoting the Promise of America”.
Treasurer Malek has many accomplishments over his first 100 days, but there are a few specific ones to note.
The State Treasurer’s office broke records within the first three days of Malek being sworn in, returning $1.7M in unclaimed property. The pace continues as $21.5M has been reclaimed by just over 70K Missourians as of this week.
The MOScholars Educational Savings Account program was created last year. State Treasurer Malek was proud to host students from across Missouri to visit the Missouri Capitol on April 20th. In honor of their successes as the first class of MOScholars, these students were recognized in the House and Senate.
As of today, there have been 1,497 new students who have applied to the program.
For 2023, over $26M in MOScholars tax credits were made available. As of this week, nearly $500K has been reserved. Treasurer Malek’s intent is to call upon Missourians to utilize this program.
Lastly, in the wake of soaring inflation, State Treasurer Malek is dedicated to providing Missouri farmers and small business owners with the opportunity to secure affordable loans. Since State Treasurer Malek was sworn in, the office has overseen 270 linked deposits, 164 of which are new accounts. The State Treasurer’s office has helped distribute over $140M in loans, while 108 farmers and 144 small businesses have participated.
“I am very glad I got this opportunity to pay back my blessings to Missourians and to this great state” Malek said on the latest episode of This Week in Missouri Politics, in which he was a special guest. You can watch the full episode here.
Brady Hays is a 2023 graduate of the University of Missouri with a Bachelor of Arts in Political Science with a minor in History. He is currently attending the University of Missouri School of Law and is on pace to graduate with his JD in 2026. He has been working for the Missouri Times since early March 0f 2022.