BCPL Commissioners Schimel, La Follette Raise Concerns About State Treasurer's Treatment of BCPL Staff

Several news outlets are reporting that BCPL Commissioners Attorney General Brad Schimel and Secretary of State Doug La Follette said on the record at last week's BCPL meeting that they feel their fellow Commissioner State Treasurer Matt Adamczyk is treating BCPL staff inappropriately. Schimel described Adamczyk's approach to working with staff as  "abusive and unreasonable."

BCPL Commissioners and BCPL staff oversee the investments of the state trust funds, including the Common School Fund.

During the meeting, Adamczyk said he was concerned that the BCPL staff was not qualified to make investments and argued that the BCPL trust funds, including the Common School Fund, should be transferred to the State of Wisconsin Investment Board.

You can listen to the full board meeting here: ftp://doaftp1380.wi.gov/doadocs/BCPL/2018-07-24_BCPL-BoardMtgRecording.mp3 

Wisconsin State Journal: Attorney General publicly slams State Treasurer as 'unreasonable and abusive' to state workers

The Cap Times: Treasurer Matt Adamczyk's demands to state employees 'abusive' and 'unreasonable,' says AG Brad Schimel