Mike Frerichs
Coverage of Mike Frerichs 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.
- State officials demand transparency as businesses get billions in Trump tariff refunds
State officials are demanding transparency and consumer fairness as the Trump administration refunds billions in tariffs following a Supreme Court ruling that deemed some tariffs illegal. Over $166 billion in import tax refunds are being processed, but companies may not pass savings to consumers who paid higher prices. Eight Democratic state fiscal leaders urge public disclosure of firms receiving refunds and ensure consumer compensation.