Missouri State Treasurer Vivek Malek joins the show to highlight the state’s unclaimed property program after discussions about listeners discovering forgotten money through the ShowMeMoney website. Malek shares his own story of unexpectedly finding hundreds of dollars after taking office and explains that Missouri currently holds more than $1.5 billion in unclaimed assets, with one in ten Missourians potentially owed money. The conversation expands into federal uncashed bond funds, dormant safe deposit boxes, and annual treasury auctions before shifting to Malek’s push for investment reform in Missouri. He argues the state’s constitutionally restricted investment rules are outdated and costing taxpayers millions in unrealized returns compared to surrounding states.
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