Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(112,102 posts)
Tue Jun 13, 2017, 07:42 AM Jun 2017

New leader named for long-awaited Texas gold depository

Tom Smelker just became one of the most important men in Texas because he’s in charge of protecting the state’s gold.

Texas Comptroller Glenn Hegar on Monday named Smelker, 63, a longtime comptroller employee, to oversee the soon-to-be-developed Texas Bullion Depository.

“For my whole career, I’ve been protecting (Texans’) money,” Smelker told the Star-Telegram. “I do understand the financial impact of people’s life savings. ... I’m hoping to provide the best product we can for the citizens of the state.”

The announcement of his appointment marks the first public movement on the project to build a bullion depository where Texans and others will be able to store gold and other precious metals.

Read more here: http://www.star-telegram.com/news/politics-government/state-politics/article155707294.html

Latest Discussions»Region Forums»Texas»New leader named for long...