Illinois State Treasurer Mike Frerichs says his office is prepared to make changes following an independent review from an outside accounting firm. The review found a paid internship program improperly gave positions to young people with political connections. Frerichs says his office will still offer internships, but is scrapping the previous program:
Before State Senator Mike Frerichs is sworn in as Illinois' treasurer next month, he's got a few more votes to cast as a legislator. But Frerichs doesn't think one of them will be for extending the 2011 temporary income tax increase.
The lone Democratic candidate for Illinois Treasurer says he’ll bring accountability to the office, and help create jobs. State Senator Mike Frerichs of Champaign formally kicked off his campaign Wednesday with stops across the state, including in Peoria:
State Senator Mike Frerichs has been campaigning for Illinois treasurer for the better part of a year. Yet, until Wednesday, he's insisted he was just "exploring" a run for statewide office. Now, the wait is over.