Gov.-elect Mikie Sherrill on Jan. 5 announced that she will nominate Aaron Binder to lead New Jersey’s Department of the Treasury.
Binder is serving as the state’s deputy treasurer and has served as budget director for the Assembly Budget Committee and deputy executive director for the Assembly Majority Office. As treasurer, he will oversee New Jersey’s multi-billion-dollar budget, taxation, pensions, and investments, and manage a department of over 3,000 employees.
The announcement won the endorsement of NJBIA President and CEO Michele Siekerka.
“We have had the good fortune to work with Aaron on tax legislation over the years and have enjoyed having him as part of our events,” she said.
“Aaron is proven to be extremely capable of being the lead administrator of the state’s finances, with a deep knowledge and ideas on how to put the state’s best fiscal foot forward. We look forward to continuing to work with Aaron in his new capacity and we congratulate him and the incoming Sherrill administration on this excellent appointment.”
In choosing Binder, Sherrill said, “New Jersey needs an experienced leader in the Treasury Department as we face extraordinary challenges from the Trump administration. That’s why I am excited to nominate Aaron Binder as our next treasurer. Together, we will ensure that New Jerseyans’ tax dollars are being spent wisely, continue to fully fund our pension system, and work to invest in the programs that help families make ends meet.”
Binder will succeed Elizabeth Muoio, a former assemblywoman who served in Murphy’s cabinet for eight years.
“As I prepare to step down after eight years as state treasurer, I know I am leaving a department much stronger and better prepared to meet future challenges, and it is deeply gratifying to be handing the reins to a trusted and talented colleague who has worked alongside me and who values the mission and people of Treasury as much as I do,” said Muoio.
