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Newcomer Magaziner Wins RI Treasurer Race

Political newcomer Seth Magaziner has won the race for Rhode Island general treasurer.

Seth Magaziner
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Political newcomer Seth Magaziner has won the race for Rhode Island general treasurer.

The 31-year-old Democrat defeated independent Ernie Almonte in Tuesday's election.

Magaziner made the state's struggling economy central to his campaign. He promised to bring a fresh perspective to state government and use the treasurer's office to promote economic growth. He wants to invest in infrastructure and energy-efficient projects and invest more of the state's pension money locally.

Magaziner most recently worked as a vice president at the investment firm Trillium Asset Management.

Almonte is a former state auditor general.

Copyright AP - Associated Press
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