RELEASE: Louisiana Democratic Party Endorses Derrick Edwards for Louisiana State Treasurer

Louisiana Democratic Party Endorses Derrick Edwards for Louisiana State Treasurer

Baton Rouge, LA – On Saturday, the Democratic State Central Committee unanimously endorsed Derrick Edwards for Louisiana State Treasurer. The election will be held on October 12.

“Derrick Edwards is the only candidate with the experience to actually run the Louisiana State Treasurer’s Office,” Senator Karen Carter Peterson, Chair of the Louisiana Democratic Party said. “As the only candidate with both a Bachelors and a Masters of Accounting, Derrick knows how to manage a budget and, with a law degree as well, he understands Louisiana’s laws and how they work with the State Treasurer’s Office. We need a candidate with the technical knowhow and the experience to continue the economic success our Governor has created — we’ve found that in Derrick Edwards.”

“John Schroder has let his own agenda and hyperpartisanship overtake the actual responsibilities of the Louisiana Treasurer’s Office,” Stephen Handwerk, Executive Director of the Louisiana Democratic Party said. “While Louisiana is finally experiencing economic stability and a bright future, that’s in spite of Schroder’s role, not because of it. Whether it was his decision to ban corporations based on their private business decisions he didn’t approve of or him trying to sabotage the state budget by withholding 25 million dollars in funds the legislature bipartisanly approved of using, he’s placing himself first and Louisiana second. Louisiana Democrats are committed to putting our state first and today, we chose to endorse a candidate who is committed to that mission as well. We can’t wait to see Derrick Edwards serve our state as treasurer in January and have our treasury work to advance the progress our state has made – not undermine it.”

Background

Derrick Edwards has a Bachelors and Masters in Accounting, as well as a law degree from Tulane University.

Schroder barred Bank of America and Citigroup from bidding on a government contract based on their private decisions they made as a corporate entity.

Schroder is withholding $25M from the state budget that the state legislature bipartisanly approved of using for the 2019 budget.