Joseph M. Torsella was elected the 77th treasurer of Pennsylvania in 2016. He oversees an office of 360 employees protecting nearly $100 billion in state assets and safeguarding the financial health of the state. From 2011-2014 as the U.S. Representative to the United Nations, for budget and management reform, he advocated for budget restraint and transparency, including webcasting of UN meetings and publication of audits. He also served as chair of the Pennsylvania State Board of Education and was the founding president and CEO of the National Constitution Center in Philadelphia, a non-profit museum and education complex. He raised $185 million in private and public funds, allowing the Center to open in 2003. His tenure at the National Constitution Center has been described by the Philadelphia Inquirer as a “resounding success” by a “modern-day founding father.” As Philadelphia’s deputy mayor for policy and planning under then-Mayor Ed Rendell in the early 1990s, Torsella helped develop initiatives to resolve the city’s $1.25 billion deficit in “one of the most stunning turnarounds in the nation,” as stated by the New York Times. He graduated from the University of Pennsylvania, Phi Beta Kappa with a degree in economics and history, and studied American History at New College, Oxford, as a Rhodes Scholar.
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