A legislative committee to vet and interview candidates for state treasurer met late Tuesday afternoon, and it was a tidy affair: After less than half an hour, the nine members of the panel who were present voted to recommend that the incumbent treasurer, Dereck Davis (D), receive a full term.
Davis’ fate will now be decided in a joint session of the House and Senate, scheduled for Feb. 21. He is almost certain to win approval for another four years.
Davis, who spent 27 years in the House of Delegates before being elected to his current job in December 2021, called his time as treasurer, managing the disbursement of state funds, government investments and insurance, along with service on important boards and commissions, “the honor of a lifetime.”
The treasurer is appointed every four years by the General Assembly and is meant to represent the legislature on the 25 boards and commissions on which he serves.