Sen. Jerry Klein, R-Fessenden, listens to a presentation during a Jan. 16, 2026, State Investment Board meeting. Pictured at left is State Treasurer Thomas Beadle and at right, Rep. Glenn Bosch, R-Bismarck. (Photo by Mary Steurer/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The State Investment Board on Friday approved about $1.3 million in performance bonuses to 12 Retirement and…
Sen. Sean Cleary, R-Bismarck, asks a question during a Dec. 10, 2026, legislative committee meeting. (Photo by Mary Steurer/North Dakota Monitor)BISMARCK (North Dakota Monitor) — Two state lawmakers have raised concerns to the State Investment Board that the $1.3 million in bonuses slated to go to the Retirement and Investment Office employees may be a violation of state law. Sen….
Sen. Sean Cleary, R-Bismarck, speaks on the Senate floor on March 19, 2025. He has asked for an attorney general’s opinion on the scope of authority for the State Investment Board. (Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — Two North Dakota lawmakers have asked Attorney General Drew Wrigley to formally weigh in on whether the State Investment Board…
Rep. Don Vigesaa, R-Cooperstown, speaks during a Dec. 2, 2025, meeting of the North Dakota Emergency Commission. At right is House Majority Leader Mike Lefor, R-Dickinson. (Mary Steurer/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — A proposal to give roughly $1.3 million in bonus pay for 12 Retirement and Investment Office employees took a step forward Tuesday after officials had…
Gov. Kelly Armstrong, center-right, speaks to reporters next to Lt. Gov. Michelle Strinden, right, after holding his first Cabinet meeting in the governor’s conference room at the Capitol on Dec. 16, 2024. (Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (KVRR) — The North Dakota State Investment Board elected Gov. Kelly Armstrong as the new chair. While state statute gives the governor a…
BISMARCK, N.D. (KVRR) – Gov. Doug Burgum’s office has released a tally of state investments with ties to Russia. The State Investment Board will hold a special meeting Thursday to discuss the matter. “We must do our part to limit the financial resources at Russia’s disposal to discourage these unprovoked and heinous acts of aggression” Burgum said. The governor’s office…
BISMARCK, N.D. (KVRR) – The North Dakota State Investment Board will hold a special meeting Thursday to discuss the state’s Legacy Fund investments in Russia. Gov. Doug Burgum says that while North Dakota owns bonds originally issued by the Russian Federation, the state purchased those bonds from a third party on the secondary market, so the proceeds of the sale…
BISMARCK, N.D. — Gov. Doug Burgum is signing a bill that’s aimed at creating a broader investment policy for the state’s voter-approved oil tax savings account. The bill sets targets for investing a greater portion of the Legacy Fund principal in North Dakota. It requires that the State Investment Board give preference to qualified investment firms with a presence in…
