KDSN RADIO News
John Norwood Announces Candidacy for State Treasurer of Iowa
West Des Moines, IA — Today, John Norwood announced his candidacy for Iowa State Treasurer, pledging to bring an independent, experienced voice to the office responsible for safeguarding Iowa’s financial future.
“The State Treasurer is Iowa’s Chief Financial Officer and banker,” Norwood said. “This office should be visible, independent, and relentlessly focused on protecting Iowans today while building a foundation for generations to come. My goal is simple: safeguard Iowans’ money.”
A longtime business advisor, board member, and public servant, Norwood enters the race with more than three decades of experience in finance, governance, and public stewardship—work that has taken him to all 99 Iowa counties and across industries critical to the state’s economy.
Norwood outlined three early priorities informed by conversations with Iowans across the state:
Protecting IPERS
Norwood emphasized the importance of protecting the Iowa Public Employees’ Retirement System (IPERS), which serves nearly 400,000 current and future retirees. IPERS provides a stable retirement foundation for one-in-eight Iowans and supports approximately $2.5 billion in annual economic activity statewide.
“The integrity of IPERS is foundational—not just to retirees, but to Iowa’s entire economy,” Norwood said. “I will stand firmly against efforts that weaken or privatize its foundation.”
An Independent, Responsible Voice for Iowa’s Finances.
As State Treasurer, Norwood said he would provide independent oversight of Iowa’s finances, provide transparency around the state’s budget, and ensure public dollars are managed responsibly to support long-term economic growth and resiliency.
“This office should serve as a trusted steward—helping Iowa families and businesses grow and prosper while protecting the state’s financial foundations and managing risk smartly,” Norwood said.
Expanding Retirement Options & Financial Literacy
Norwood supports expanding retirement savings options for Iowans—especially small business owners and employees who lack access to workplace plans—and improving financial education around the power of saving early and compound interest.
“We can help more Iowans retire with dignity by making it easier to save and by teaching practical financial fundamentals,” he said.
Norwood continues to work with Iowa business owners each year through his TBL Ventures advisory work, including as a Business Advisor with the Goldman Sachs 10,000 Small Businesses program.
“I’ve spent my career helping organizations plan for the future, manage risk, and make responsible financial decisions,” Norwood said. “That’s exactly what Iowans deserve from their State Treasurer.”
For more information about John Norwood’s campaign for Iowa State Treasurer, visit www.norwood4iowa.com. A headshot can be found here.
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