Dale Folwell
Dale Folwell is an American politician who has been the North Carolina State Treasurer since 2017. A Republican from Winston-Salem, North Carolina, Folwell spent four terms in North Carolina House of Representatives, including a term as speaker pro tempore from 2011 to 2013. He was head of the state's Division of Employment Security in the administration of Governor Pat McCrory from 2013 to 2015. He was elected State Treasurer in the 2016 election, taking office on January 1, 2017.
Education and career before politics
Folwell graduated from the University of North Carolina at Greensboro in 1984 with a Bachelor of Science in accounting. He worked as an accountant. He also received a master's degree in accounting from UNC Greensboro. He is a certified public accountant, and also worked as an investment advisor for Deutsche Bank.Political career
School board
Folwell was a member of the Winston-Salem/Forsyth County Board of Education from 1993 to 2000.State House
In 2004 Folwell was elected to the North Carolina House of Representatives receiving 62.9% of votes. He took office in 2005 and ultimately served four terms. From 2007-2008, Folwell was Joint Republican Caucus Leader. He was elected speaker pro tempore for the 2011-2012 session, working with House Speaker Thom Tillis.Folwell gained a reputation for social conservatism, and in the state House was a vocal proponent of the legislation that in 2002 placed Amendment 1, a state constitutional amendment to ban same-sex marriage and civil unions, on the state ballot.
During his time in the state House, Folwell was the sponsor of 29 bills that became law. Most were uncontroversial; in 2012, Folwell said that 20 of the bills that he sponsored passed with 4,098 "yes" votes to 175 "no" votes. Among the Folwell-sponsored legislation that became law was an update to state organ donation law. Folwell also sponsored a bill that fundamentally altered the state's worker's compensation laws. The legislation, favored by business groups, was a bipartisan effort that involved a cap on some benefits and an extension on others. Folwell framed the legislation as a necessary reform that controlled costs and fraud; critics "said the reform potentially allows insurance companies to force injured workers into very low-paying occupations without giving fair consideration to pre-injury earnings."
Folwell supported redistricting reform legislation in 2011. In June 2011, Folwell initially voted in favor of controversial legislation to allow short-term consumer loans with high effective annual interest rates ; two weeks later, Folwell asked that the official record to be modified to reflect that he voted "no," explaining that he changed his mind upon further consideration. Also in 2011, Folwell backed a Republican budget plan that would cut $400 million from Governor Perdue's budget proposal for K-12 education, dismantle a significant portion of the North Carolina Department of Environment and Natural Resources, raise certain fees, and discontinue the extra penny on state sales tax.
A 2010 ranking of the non-partisan North Carolina Center for Public Policy Research ranked Folwell 38th in effectiveness in the House, down from 32nd the prior session. He was highly rated by the business advocacy group North Carolina Free Enterprise Foundation and the right-wing group Civitas Action, which rated him the most conservative member of the House.
Unsuccessful campaigns for state treasurer and lieutenant governor
In 2008, Folwell sought the Republican nomination for state treasurer, but dropped out of the race.In December 2011, Folwell announced that he would not seek election to a fifth term in the North Carolina state House. Instead, he ran for the 2012 Republican nomination for lieutenant governor against Dan Forest and Tony Gurley. Forest was defeated in the May 2012 Republican primary.
North Carolina Assistant Secretary of Commerce
In March 2013, Secretary of Commerce Sharon Decker named Folwell to the post of Assistant Secretary of Employment Security at the North Carolina Department of Commerce; in that role, Folwell oversaw the department's Division of Employment Security. Folwell gained a reputation as reformer, although some of his actions were controversial. Over a 30-month period under Folwell, the North Carolina unemployment insurance system repaid a debt of $2.5 billion owed to the federal government, but did so by imposing an surcharge on employers and restricting unemployment benefits. These changes made North Carolina one of the U.S. states with the lowest unemployment benefits, and were opposed by the state AFL-CIO. In 2014, under Folwell, the department also adopted a policy of requiring recipients of unemployment insurance benefits to attend a mandatory interview. In November 2015, Folwell resigned, publicly considering a run for state treasurer.State Treasurer
In December 2015, Folwell announced his candidacy for the Republican nomination for North Carolina State Treasurer in the 2016 election. In the November 2016 election, Folwell faced Democratic nominee Dan Blue III, a consultant, lawyer, investment banker, and son of Dan Blue Jr. Folwell won, receiving 52.7% of the vote to Blue's 47.3%. Folwell took office on January 1, 2017.As state treasurer, Folwell promoted a controversial "Clear Pricing Plan" contract initiative, attempting to move State Health Plan participants to a pricing model that would tie all payments to Medicare, rather than negotiating reimbursement rate with health care providers. The plan would save money for the plan, but would also cause providers to be reimbursed for their services at lower rates. The North Carolina Healthcare Association opposed the plan, while the State Employees Association of North Carolina supported it. Folwell ultimately lost a battle with the state legislature over his proposal.
Folwell ended State Health Plan coverage for gender dysphoria treatment for transgender and non-binary state employees. Folwell framed the move as a cost-cutting measure; the move was criticized by the LGBTQ advocacy group Equality NC, which called it discriminatory.
In mid-March 2020, Folwell opposed Governor Roy Cooper's closure of bars, and restriction of restaurants to take-out and delivery only, which Cooper had ordered to prevent the spread of coronavirus disease during the COVID-19 pandemic in North Carolina. In March 2020, Folwell was hospitalized for five days after suffering from COVID-19. In April 2020, Folwell asked Cooper to modify his stay-at-home executive order to allow the Charlotte Motor Speedway to host a NASCAR race, the Coca-Cola 600, without an audience of fans.
Folwell is seeking reelection in 2020. He had no opponent in the Republican primary election. In the November election, Folwell faces Aaron "Ronnie" Chatterji, a professor at Duke University's Fuqua School of Business and Sanford School of Public Policy and former Obama administration official, in the November election.