The Durham People’s Alliance PAC endorsed Dan Blue III for Treasurer, stating that:
Dan Blue III knows how to manage the people’s money. He was an investment banker in New York before returning to North Carolina to practice law in the complex area of bond financing. As State Treasurer, Blue will protect the state pension fund and the state’s AAA bond rating. He supports the defined benefit retirement plan for state employees, and supports investing state money in ways that will promote the economic growth and security of North Carolinians. He wants to reduce fees and costs of investing state funds by using the strength of the state’s business to negotiate with brokers and fund managers. Blue is the best candidate to replace out-going Treasurer Janet Cowell, who has done an outstanding job.