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…
