Michael Fitzgerald (Iowa politician)

Last updated
Michael Fitzgerald
Michael L. Fitzgerald (24041306070) (cropped).jpg
Fitzgerald in 2016
25th Treasurer of Iowa
In office
January 4, 1983 January 1, 2023
Preceded by Maurice E. Baringer
Succeeded by Roby Smith
Personal details
Born (1951-11-29) November 29, 1951 (age 73)
Marshalltown, Iowa, U.S.
Political party Democratic
Children2
Education University of Iowa (BA)

Michael L. Fitzgerald (born November 29, 1951) is an American businessman and politician who served as the 25th Treasurer of Iowa from 1983 to 2023. A member of the Democratic Party, he was the longest-serving state treasurer in the United States. [1]

Contents

Early life and early career

Fitzgerald was born in Marshalltown, Iowa, in 1951. He graduated from Colo Community High School in 1970 and received his bachelor's degree in business administration from the University of Iowa in 1974. Fitzgerald worked as a marketing analyst for Massey Ferguson in Des Moines for eight years before being elected State Treasurer of Iowa in 1982. [1] [2]

State Treasurer (1983–2023)

As State Treasurer, Fitzgerald acted as Iowa's banker and chief financial officer. [1]

He served as the administrator of Iowa's 529 plan, formerly College Savings Iowa, which is a college savings advisory service. [3]

Fitzgerald administered the Invest in Iowa program, a series of auctions started in 1983 to invest state funds in Iowa financial institutions. [4] The Linked Investments for Tomorrow (LIFT) program, introduced in 1986, also provided capital to Iowa entrepreneurs to create or expand their businesses. [5]

Fitzgerald lost reelection in 2022 to Republican candidate Roby Smith. [6] He held office for 40 years, making him the longest-serving state treasurer in the United States. [7]

Electoral history

State Treasurer of Iowa, 2022 [8]
PartyCandidateVote percentage
Republican Roby Smith 51%
Democratic Michael L. Fitzgerald49%
State Treasurer of Iowa, 2018 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald54%
Republican Jeremy Davis42%
Libertarian Tim Hird2%
State Treasurer of Iowa, 2014 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald53%
Republican Sam Clovis 44%
Libertarian Keith A. Laube3%
State Treasurer of Iowa, 2010 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald53%
Republican David D. Jamison47%
State Treasurer of Iowa, 2006 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald99%
Write-in 1%
State Treasurer of Iowa, 2002 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald55%
Republican Matthew Whitaker 43%
Libertarian Tim Hird2%
State Treasurer of Iowa, 1998 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald55%
Republican Joan Fitzpatrick Bolin43%
State Treasurer of Iowa, 1994 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald54%
Republican Jay Irwin44%
Natural Law Party Elizabeth Koehler2%
State Treasurer of Iowa, 1990 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald59%
Republican Burtwin L. Day39%
Grassroots Party Derrick P. Grimmer2%
State Treasurer of Iowa, 1986 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald58%
Republican John Nystrom42%
State Treasurer of Iowa, 1982 [8]
PartyCandidateVote percentage
Democratic Michael L. Fitzgerald51%
Republican Maurice E. Baringer (Incumbent)48%

Fitzgerald once considered running for Governor of Iowa against Republican incumbent Terry Branstad in 2014. [9]

References

  1. 1 2 3 "The Treasurer's Office".
  2. "Office of the Treasurer of State".
  3. "College Savings Iowa".
  4. "Invest in Iowa".
  5. "LIFT: Linked Investments for Tomorrow".
  6. "Election results 2022: Roby Smith defeats incumbent Michael Fitzgerald". 8 November 2022.
  7. "Iowa's Fitzgerald now nation's longest-serving state treasurer". 7 January 2019.
  8. 1 2 3 4 5 6 7 8 9 10 11 "Election Results & Statistics".
  9. Petroski, William (August 23, 2013). "Fitzgerald will disclose if he's running for Iowa governor by Labor Day". Des Moines Register . Retrieved September 23, 2013.
Party political offices
Preceded by Democratic nominee for Treasurer of Iowa
1982, 1986, 1990, 1994, 1998, 2002, 2006, 2010, 2014, 2018, 2022
Most recent
Political offices
Preceded by Treasurer of Iowa
1983–2023
Succeeded by