understands that financial empowerment, wise investments, and sound management
are foundational to the quality of life and economic opportunities for
Oregonians, and key for the long-term vitality of our state.
Oregon’s 29th State Treasurer in 2016, Tobias is a collaborative
problem solver who draws upon his management, political and finance policy
experience to serve Oregonians as Treasurer.
He worked in
the U.S. Treasury and as a liaison between designers, engineers and
manufacturing units for Nike Inc. In 2006, he was elected to the Oregon House
of Representatives, where he served a decade and championed legislation to
invest in public education, improve state financial management, finance
critical infrastructure improvements, and to help Oregonians save for a more
He was elected Speaker Pro Tempore and earned the chairmanship
of the House Committee on Transportation and Economic Development, and the
House Committee on Higher Education, Innovation, and Workforce Development. He also served on the House Revenue Committee
in multiple legislative sessions. He was a member of the Joint Committee on Ways and
Means, the primary budget writing body for the Legislature.
He pushed to strengthen the state’s rainy day fund, which
was a key factor that helped the state to earn a credit rating upgrade in 2011.
He also helped lead the coalition that ultimately approved full-day kindergarten,
underscoring that one of Oregon’s best possible investments is in our kids. He
led efforts to promote infrastructure projects using innovative
public-private partnerships, and was a chief sponsor of the Oregon Investment Act, which streamlined
Lottery investments in promising Oregon startups.
In 2015, he
was a chief sponsor of the Oregon Retirement Savings Plan, which became the
first operating state-sponsored retirement program in 2017. Known as OregonSaves, the program enrolls Oregon workers who lack access to a retirement
savings option through their employers, and will allow hundreds of thousands
more Oregonians to retire with dignity after a lifetime of work.
Treasurer, Tobias knows that financial confidence helps Oregonians get ahead,
no matter where they live. He supports efforts to connect Oregonians with their
unclaimed property, to improve financial education, to encourage Oregonians to
invest in themselves, and to promote smart and accountable government reforms
that improve transparency and stretch dollars for taxpayers and beneficiaries
of public trust funds.
Treasurer is a constitutional officer and the state’s navigator for sound and
responsible financial policy. The Treasurer protects the state’s credit
ratings, sits on the Oregon Investment Council and State Land Board, and
oversees public investing, banking, bonding and financial empowerment programs.
Those include the Oregon 529 Savings Network, which allow families to save for
higher education, job training and disability-related expenses, and the Oregon Retirement Savings Plan. Treasury
manages an investment portfolio worth roughly $106 billion.
his bachelor’s degree from Willamette University and his MBA from the Michael
G. Foster School of Business at the University of Washington. He has been a
volunteer for Start Making a Reader Today (SMART), a youth sports coach, a
member of the Willamette University Athletic Director's Advisory Board, and a founding
board member of Hoopla, Oregon's largest three-on-three charity basketball
He lives in
Beaverton with his wife, Heidi Eggert, and their two children.