It appears to be one-term and done for Oklahoma State Treasurer Randy McDaniel, who announced on Tuesday he will not be running for re-election in 2022. However, he plans to serve out his current term until it ends on January 9, 2023. Before winning the 2018 election for State Treasurer, McDaniel was a member of the Oklahoma House of Representatives.
“It has been an honor to serve Oklahoma as state treasurer and as a state representative.
“I am thankful for each opportunity and make this announcement with great appreciation for those who made it possible, especially my loving wife, Julie, and our family. Our children, Grace and John, are now in middle school, and this decision allows me to give priority to family rather than a statewide campaign,” McDaniel said.
McDaniel has overseen the consolidation of the state’s bond financing operations, growth in the Oklahoma 529 College Savings Plan and OK STABLE, which is a savings and investment program for people with disabilities. The Legislature approved a state income tax deduction for contributions to the OK STABLE program. McDaniel also convinced lawmakers to allow for more flexibility for uses of college savings funds.
McDaniel hopes by announcing his decision not to run now, it will give time for potential candidates to raise the necessary funds for a statewide campaign.
“My time as state treasurer has been fulfilling and I’ve worked hard to make a difference,” he said. “My predecessors have been supportive. The professional staff in the treasurer’s office has been outstanding, never more evident than during the pandemic. I am proud to serve with them and look toward the future with faith and confidence.”
