Mark Gordon

Courtesy of the Wyoming Governor's office

Wyoming Governor Mark Gordon said he's looking forward to seeing the state become a source for innovation and a beacon for others.

Kristin Walker

Wyoming's next Governor Mark Gordon has been holed up trying to hire a staff, while also trying to get prepared for the legislative session. He took a few minutes to tell Wyoming Public Radio's Bob Beck what he's been up to since the election.

 

Governors-elect from across the country are gathering in Colorado Springs this weekend for The Seminar for New Governors. The weekend-long conference, taking place at the five-star Broadmoor Hotel, is designed to help them prepare for their new jobs.

Cooper McKim

What should be the first priority of governor elect Gordon?

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Governor-elect Mark Gordon making his victory speech
Cooper McKim / Wyoming Public Radio

Former state treasurer Republican Mark Gordon will become Wyoming's next Governor. He won easily with a 40 percent margin defeating democratic opponent Mary Throne - a former state legislator.

Cooper McKim

State Treasurer Mark Gordon won the Wyoming Republican Primary Election by seven percent of the vote. Some in the GOP who favored other candidates want to blame that on the possibility that Gordon attracted some Democrats who switched party affiliation the day of the primary. The other theory was that a large number of more conservative candidates split votes, which allowed Gordon to win. However, there's also the chance that Gordon, who came in as the favorite, was the preferred candidate.

State Treasurer Mark Gordon

State Treasurer Mark Gordon won the Republican nomination for governor with an unofficial seven percent victory over multi-millionaire Foster Friess. Cheyenne attorney Harriett Hageman finished third.

Gordon overcame a last-minute endorsement of Friess from President Trump and some negative attacks from other candidates to win. Gordon said he was surprised by the Trump endorsement, but at the end the day he said it didn’t matter.

Bank of the West logo
BNP Paribas Bank of the West

Leaders across Wyoming are criticizing Bank of the West for its recent decision to stop doing business with coal, oil or gas companies — including financing coal mines or power plants, or engaging in activities to do with mineral exploration, distribution, or marketing. The bank has 23 branches in Wyoming.

treasurer.state.wy.us

One reason some lawmakers have backed off on their support of tax increases is that Wyoming is making a lot of money from investments.

Unrealized gains sit around $900 million and even the energy industry has had a slight uptick.

State Treasurer Mark Gordon says that it’s true, things are good. But he also tells Wyoming Public Radio’s Bob Beck that lawmakers should be careful about using investment money versus a more stable source of revenue. 

State of Wyoming

Wyoming legislators will look to amend the state constitution in order to invest reserve account money in the stock market.  While there is risk associated with the move, State Treasurer Mark Gordon says that risk can be minimized with proper investing.

“Take some of those savings and invest them more broadly, into stocks not only bonds, so balancing the risks to make sure that the state’s savings actually not only return a little bit more…but are more defensibly invested.”

He says Wyoming’s investments overcame the economic downturn in the last decade.