State Treasurer David McRae is seeking a third term, he announced in front of hundreds of fairgoers at the Neshoba County Fair on Wednesday.
McRae, a Republican, took to the podium for his annual speech and touted several accomplishments – including a record $170 million in unclaimed money being returned to Mississippians since he took office in 2020 – and said he’s the “happiest he’s ever been.”

“My wife has said, ‘You look so much happier. You look so happy going to work every day.’ Or she just wants me to go to work or whatever,” McRae said, garnering laughs from the crowd. “But I enjoy the job and I have the greatest staff you could ever imagine. So, with that being said, I am proud to announce today I am running for a third term as your state treasurer.”
McRae was first elected in 2019 after an unsuccessful bid at the treasurer’s post in 2015. He then won reelection in 2023, and if he wins during the 2027 election cycle, he will secure another four-year term. It would make him the longest-serving treasurer since Democrat Marshall Bennett, who served from 1988 to 2003.
During his speech at Neshoba, which is often considered the state’s most prominent political stump, McRae also discussed the state’s recent boost in average annual investment earnings from $39 million to $187 million and college and career savings accounts that are available for residents to open through his office.

