Clint Zweifel: Missouri State Treasurer
Clint Zweifel was elected Missouri’s 45th State Treasurer on Nov. 4, 2008. At 35, he became Missouri’s youngest state treasurer in more than a century. He was re-elected to his second and final term as Treasurer on Nov. 6, 2012.
As State Treasurer, Clint Zweifel leads a staff of 45 professionals that protect taxpayer dollars, manage the state’s banking system, help small businesses and farms expand and make college more affordable. As Missouri’s chief investment officer, he manages and invests a $3.5 billion portfolio. Through conservative and disciplined investing, Treasurer Zweifel protected Missouri’s AAA credit rating through the worst economic downturn since the Great Depression.
Immediately upon taking office, Treasurer Zweifel developed a legislative package that improved and streamlined a low-interest lending program, helping farms and small businesses access lower-cost capital. The legislature unanimously passed this initiative and, as a result, Treasurer Zweifel has approved $1.5 billion in low-interest loans through his Missouri Linked Deposit Program. The legislation also improved Missouri’s investment policy, ensuring taxpayers earn market rates on time deposits in Missouri banks.
As a strong proponent of making government more accessible and transparent, Treasurer Zweifel has used technology to streamline services from his office, cutting costs and increasing accountability to taxpayers. Those innovations help him return record amounts of Unclaimed Property each year. He has returned more than $242 million of Unclaimed Property to 820,000 account owners, more than half of all Unclaimed Property ever returned in state history.
Through his management of Unclaimed Property, Treasurer Zweifel demonstrates his commitment to protecting military medals and insignia he currently holds. Treasurer Zweifel championed new laws that prohibit the sale of military medals held in Unclaimed Property and allow him to actively work with the public to return those medals, resulting in more than 100 medals being returned to the heroes who earned them or their families.
Governor Nixon recognized Treasurer Zweifel for his dedication to the state’s military community in 2014 when he accepted the appointment to lead the Missouri Military Partnership, coordinating with state and national military leaders in order to provide a plan to retain and strengthen military installations in the state.
In addition to his office duties, Treasurer Zweifel represents Missourians on a number of state boards and commissions. As a member of the Missouri Housing Development Commission (MHDC), he has led the effort to provide quality, affordable housing for vulnerable citizens, including those who are homeless, suffering from mental illness, veterans and children aging out of foster care. Thanks to his efforts, Missouri has provided a safe place to call home for thousands of individuals with special needs at no additional cost to taxpayers. Most recently, Treasurer Zweifel has advocated expanding the definition of special needs to include domestic violence and human trafficking victims.
Treasurer Zweifel also sits on the board of the Missouri State Employee Retirement System (MOSERS), where he continues to fight for accountability to taxpayers and beneficiaries through sound fiscal policy and consumer protection measures, including a ban on pension advances.
As chairman of Missouri’s Higher Education Savings Program Board, Treasurer Zweifel has pushed for increased access to higher education for Missouri families through MOST–Missouri’s 529 College Savings Plan. He has grown MOST to $2.4 billion in assets and more than 160,000 accounts, while cutting costs for Missourians saving through the plan. In 2012, Treasurer Zweifel created the MOST 529 Matching Grant program, laying the foundation for a national model of public-private partnerships to provide at-risk children access to higher education savings accounts. This effort has resulted in more than 1,000 accounts for at-risk children in the St. Louis region.
Prior to serving as State Treasurer, Zweifel represented northwest St. Louis County in the Missouri House of Representatives for six years.
Born Nov. 3, 1973, in St. Louis, Treasurer Zweifel grew up in nearby Florissant. He graduated from Hazelwood West High School in 1992 and became the first member of his family to attend college. He graduated from the University of Missouri-St. Louis with a Bachelor of Arts in Political Science in 1996 and a Master of Business Administration in 2001. Treasurer Zweifel resides in Columbia with his wife, Janice, and their daughters, Selma and Ellie.
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