Illinois State Treasurer's Office
Coverage of Illinois State Treasurer's Office in the Nexus archive.
- Illinois treasurer’s gift to Pope Leo? $8.65 of pontiff’s own money
Illinois State Treasurer Mike Frerichs returned $8.65 to Pope Leo XIV, a former PayPal account holder in Illinois, during a personal trip to Vatican City. The Pope, a Chicago native, received the money from Illinois' unclaimed property account, which Frerichs administers. Frerichs, who is facing Max Solomon in the general election, highlighted his office's success in returning over $2.5 billion to residents.
- Illinois treasurer’s gift to Pope Leo? $8.65 of pontiff’s own money
Illinois State Treasurer Mike Frerichs returned $8.65 to Pope Leo XIV, a Chicago native, from an unclaimed PayPal account. Frerichs delivered the money in person during a trip to Vatican City, also gifting a Lincoln coin and Chicago history book. The act is part of his campaign to raise awareness about unclaimed property returns.