Thomas Beadle
2021 - Present
2029
4
Thomas Beadle (Republican Party) is the North Dakota Treasurer. He assumed office on January 1, 2021. His current term ends on January 1, 2029.
Beadle (Republican Party) ran for re-election for North Dakota Treasurer. He won in the general election on November 5, 2024.
Biography
In addition to his political positions, Beadle has been a real estate broker for the KW Commercial Real Estate firm and a business development manager for the advertising/marketing firm Super Studio. He received a B.A. in business economics from Concordia College.[1][2][3]
Beadle lives in Fargo, North Dakota, with his wife. He is from a family with a long history of holding political positions in the state, going back to his grandfather, Earl Strinden, a former majority leader of the North Dakota House of Representatives. He has been a board member of the North Dakota Autism Center, a high school speech and debate coach, and a been a judge for high school forensics competitions.[1][2][3]
Political career
North Dakota treasurer (2021-Present)
Beadle was elected as treasurer in November 2020 and assumed office in January 2021.
North Dakota House of Representatives District 27 (2011-2020)
Beadle is a former member of the North Dakota House of Representatives representing District 27. He assumed office on December 1, 2011, and served until he was elected state treasurer.
Elections
2024
See also: North Dakota Treasurer election, 2024
General election
General election for North Dakota Treasurer
Incumbent Thomas Beadle won election in the general election for North Dakota Treasurer on November 5, 2024.
Candidate | % | Votes | ||
| ✔ |  | Thomas Beadle (R) | 98.1 | 303,730 |
| Other/Write-in votes | 1.9 | 5,952 | ||
| Total votes: 309,682 | |||
 = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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Republican primary election
Republican primary for North Dakota Treasurer
Incumbent Thomas Beadle advanced from the Republican primary for North Dakota Treasurer on June 11, 2024.
Candidate | % | Votes | ||
| ✔ | | Thomas Beadle | 99.5 | 81,014 |
| Other/Write-in votes | 0.5 | 403 | ||
| Total votes: 81,417 | |||
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Endorsements
Ballotpedia did not identify endorsements for Beadle in this election.
2020
See also: North Dakota Treasurer election, 2020
General election
General election for North Dakota Treasurer
Thomas Beadle defeated Mark Haugen in the general election for North Dakota Treasurer on November 3, 2020.
Candidate | % | Votes | ||
| ✔ | | Thomas Beadle (R) | 65.6 | 227,583 |
 | Mark Haugen (D) | 34.0 | 117,790 | |
| Other/Write-in votes | 0.4 | 1,533 | ||
| Total votes: 346,906 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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Democratic primary election
Democratic primary for North Dakota Treasurer
Mark Haugen advanced from the Democratic primary for North Dakota Treasurer on June 9, 2020.
Candidate | % | Votes | ||
| ✔ | | Mark Haugen | 99.5 | 34,750 |
| Other/Write-in votes | 0.5 | 169 | ||
| Total votes: 34,919 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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Republican primary election
Republican primary for North Dakota Treasurer
Thomas Beadle defeated Daniel Johnston in the Republican primary for North Dakota Treasurer on June 9, 2020.
Candidate | % | Votes | ||
| ✔ | | Thomas Beadle | 52.4 | 52,039 |
 | Daniel Johnston | 47.3 | 46,987 | |
| Other/Write-in votes | 0.3 | 275 | ||
| Total votes: 99,301 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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2018
General election
General election for North Dakota House of Representatives District 27 (2 seats)
Incumbent Thomas Beadle and Ruth Buffalo defeated incumbent Randy Boehning and Jon Kitzman in the general election for North Dakota House of Representatives District 27 on November 6, 2018.
Candidate | % | Votes | ||
| ✔ | | Thomas Beadle (R) | 27.2 | 4,150 |
| ✔ |  | Ruth Buffalo (D) | 25.8 | 3,930 |
 | Randy Boehning (R) | 24.5 | 3,741 | |
| Jon Kitzman (D) | 22.4 | 3,425 | ||
| Other/Write-in votes | 0.1 | 15 | ||
| Total votes: 15,261 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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Withdrawn or disqualified candidates
- Timothy Sizemore (L)
Democratic primary election
Democratic primary for North Dakota House of Representatives District 27 (2 seats)
Ruth Buffalo and Jon Kitzman advanced from the Democratic primary for North Dakota House of Representatives District 27 on June 12, 2018.
Candidate | % | Votes | ||
| ✔ | | Ruth Buffalo | 54.4 | 510 |
| ✔ | Jon Kitzman | 45.6 | 428 | |
| Total votes: 938 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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Republican primary election
Republican primary for North Dakota House of Representatives District 27 (2 seats)
Incumbent Thomas Beadle and incumbent Randy Boehning advanced from the Republican primary for North Dakota House of Representatives District 27 on June 12, 2018.
Candidate | % | Votes | ||
| ✔ | | Thomas Beadle | 50.1 | 550 |
| ✔ | | Randy Boehning | 49.9 | 547 |
| Total votes: 1,097 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
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2014
Elections for the North Dakota House of Representatives took place in 2014. A primary election took place on June 10, 2014. The general election was held on November 4, 2014. The signature filing deadline for candidates wishing to run in this election was April 7, 2014. Incumbent Randy Boehning and incumbent Thomas Beadle were unopposed in the Republican primary, while Logan Heinrich and Jess Roscoe were unopposed in the Democratic primary. Boehning and Beadle defeated Heinrich and Roscoe in the general election.[4][5][6]
| Party | Candidate | Vote % | Votes | |
|---|---|---|---|---|
| Republican |  Randy Boehning Incumbent |
30.7% | 2,756 | |
| Republican | Thomas Beadle Incumbent |
28.5% | 2,552 | |
| Democratic | Jess Roscoe | 21.2% | 1,901 | |
| Democratic | Logan Heinrich | 19.6% | 1,757 | |
| Total Votes | 8,966 | |||
2010
Beadle won election to the North Dakota House of Representatives in the November 2 general election. Beadle and incumbent Randy Boehning (R) defeated Tricia Kelly (D).[7][8]
| North Dakota State House, District 27 | ||||
|---|---|---|---|---|
| Candidates | Votes | |||
| Randy Boehning (R)
|
3,345 | |||
| Thomas Beadle (R)
|
2,877 | |||
| Tricia Kelly (D) | 2,480 | |||
Campaign themes
2024
Ballotpedia survey responses
See also: Ballotpedia's Candidate Connection
Thomas Beadle did not complete Ballotpedia's 2024 Candidate Connection survey.
2020
Thomas Beadle did not complete Ballotpedia's 2020 Candidate Connection survey.
Campaign finance summary
Note: The finance data shown here comes from the disclosures required of candidates and parties. Depending on the election or state, this may represent only a portion of all the funds spent on their behalf. Satellite spending groups may or may not have expended funds related to the candidate or politician on whose page you are reading this disclaimer. Campaign finance data from elections may be incomplete. For elections to federal offices, complete data can be found at the FEC website. Click here for more on federal campaign finance law and here for more on state campaign finance law.
Issues
ESG
| Environmental, social, and corporate governance |
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| Select a topic from the dropdown below to learn more. |
As treasurer, Beadle took positions in opposition to environmental, social, and corporate governance (ESG), an approach to investing and corporate decision-making.
State financial officers, including treasurers, auditors, and controllers, are responsible for auditing other government offices, managing payroll, and overseeing pensions. In some states, certain SFOs are also responsible for investing state retirement and trust funds.
West Virginia letter supporting financial system access for fuel industry (November 2021)
Beadle was also a co-signer on a November 22, 2021, letter sent by West Virginia State Treasurer Riley Moore (R) and addressed “To Whom It May Concern in the U.S. Banking Industry.” The signatories were the treasurers, auditors and comptrollers from fifteen states. The letter identified them as the “fiduciaries and stewards of more than $600 billion” in combined investment capital.
The letter began: “We are writing to notify you that we will be taking collective action in response to the ongoing and growing economic boycott of traditional energy production industries by U.S. financial institutions.” The signatories wrote their individual actions would be tailored to fit each state’s unique laws and economic position, but that the coordinated objective would be “to select financial institutions that support a free market and are not engaged in harmful fossil fuel industry boycotts for our states’ financial services contracts.”[9]
Opposition to U.S. Department of Labor ESG rules (December 2021)
In December 2021, Beadle and 35 other state financial officers and attorneys general submitted a public comment to the U.S. Department of Labor (DOL) in opposition to a proposed DOL rule that would encourage financial managers to consider ESG factors when selecting investments for private sector pension plans.
Titled the “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights,” the rule would state that pension plan managers “can make investment decisions that reflect climate change and other environmental, social, or governance (‘ESG’) considerations, including climate-related financial risk, and choose economically targeted investments (‘ETIs’) selected, in part, for benefits apart from the investment return.”
Beadle and the other officials wrote that the rule “would allow employers and investment managers to invest employee retirement savings in a way that benefits social causes and corporate goals even if it adversely affects the return to the employee” and that it would permit “proxy voting in ways that support ESG investment goals contrary to shareholder interests.”
The state officials wrote that they were “opposed to investment managers and employers being encouraged or mandated to consider ESG factors and protected from legal action when they do” and that the DOL’s proposed rule “makes what should be a financial decision into a political one.”[10]
Letter to John Kerry regarding banking access for energy firms (May 2021)
Beadle was one of fourteen other state treasurers who co-signed a May 2021 letter sent by West Virginia State Treasurer Riley Moore (R) to Special Presidential Envoy for Climate John Kerry (D). The treasurers informed Kerry of their concern that he and others in President Joe Biden’s (D) administration were “privately pressuring U.S. banks and financial institutions to refuse to lend to or invest in coal, oil, and natural gas companies, as part of a misguided strategy to eliminate the fossil fuel industry in our country.” The signatories told Kerry that they “strongly oppose the Biden Administration’s efforts to cut off financing for law-abiding industries that are essential to the economy and our citizens’ way of life.”
According to a March 12, 2021, Politico story referenced in the letter, Kerry was “prodding major U.S. banks privately to announce commitments for climate-friendly finance.” The report also revealed that the Biden administration and several climate policy groups held a March 9, 2022, teleconference to discuss “potential financial sector regulations and executive actions to limit risk from climate change-fueled shocks.” Politico listed representatives from the following groups as participants on the call: the Center for American Progress, Public Citizen, Rainforest Action Network, Sierra Club, and 350.org.[11][12]
Opposition to Federal Reserve Bank appointee (January 2022)
In January 2022, Beadle was one of 25 members of the State Financial Officers Foundation (SFOF) who co-signed a letter to President Joe Biden (D), asking him to withdraw the nomination of Sarah Bloom Raskin to the Federal Reserve Bank Board of Governors.[13]
In a May 2020 New York Times commentary titled “Why Is the Fed Spending So Much Money on a Dying Industry?,” Raskin wrote that Federal Reserve policy decisions should oppose investments in fossil fuels and support investments in the renewable energy sector: “The decisions the Fed makes on our behalf should build toward a stronger economy with more jobs in innovative industries — not prop up and enrich dying ones.”[14]
Beadle and the signatories on the SFOF letter wrote that they were concerned Raskin “would use the supervisory authority as Vice-Chair for Supervision at the Federal Reserve Bank to disrupt the private banking sector, reliable energy supplies, and the U.S. economy.”[13]
In March 2022, Raskin withdrew her name from consideration for the Federal Reserve position.[15]
Criticism of S&P Ratings (July 2022)
At a July 2022 hearing a panel of the North Dakota Legislative Assembly investigated concerns that financial institutions were using ESG factors in investment decisions targeting states. As a witness before the panel, Beadle told lawmakers that S&P ESG Credit Indicator Report Card had given North Dakota a “neutral” rating for the “social and governance” factors of ESG, and a “moderately negative” rating for the “environmental” factors. The negative assessment, according to Beadle, was because S&P considered the state a “‘climate transition risk’ due to our exposure to oil, gas and coal.”
“It’s easy to see how these type of ratings could get used in years to come to impact businesses operating here and our communities at large,” Beadle told the lawmakers.[16]
Opposition to Morningstar ratings of Israel investments (August 2022)
In late August 2022, Beadle and 17 other members of the State Financial Officers Foundation (SFOF) co-signed a letter addressed to the Morningstar investment rating service expressing their “serious concern regarding reports that Morningstar, Inc. (Morningstar), through its wholly-owned subsidiary, Sustainalytics, negatively rates firms connected to Israel in apparent alignment with the Boycott, Divestment, Sanctions (BDS) movement.” The letter asserted the BDS movement was “antithetical to the global causes of peace, democracy, and human rights” and asked Morningstar to take corrective action immediately to terminate all research and ratings products that treat Israel-connected companies differently than companies operating in other free democracies.”[17]
Launch of SFOF “Our Money, Our Values” Website (November 2022)
In November 2022 the State Financial Officers Foundation (SFOF) launched a web portal titled “Our Money, Our Values” to provide tools for taxpayers to “take action” against ESG initiatives by their investment firms and financial advisors. As a member of SFOF, Beadle was contacted by the news site Responsible Investor and asked to comment on the purpose of the new SFOF initiative.[18][19]
“North Dakota is an ag and energy state that helps feed and fuel the world, and we have numerous businesses that have struggled to access capital as a result of these initiatives,” he told Responsible Investor. “People should be informed about where their money is invested in and try to understand the risk/reward involved with those investment decisions.”[20]
Law enforcement drones
On January 21, 2013, Beadle, fellow Representatives Rick Becker, Dick Anderson, Joe Heilman, Curt Hofstad, David Monson, Karen Rohr, Nathan Toman and Ben Hanson, and Senator Margaret Sitte introduced HB 1373 to restrict the use of unmanned aerial vehicles (drones) by law enforcement agencies. This bill would have required agencies to receive a court warrant for any drone use, and such warrants would have only be obtainable for felony investigations. Exceptions would be made for drones used to patrol the Canadian border, aid law enforcement agencies where there is "reasonable suspicion" that quick action is necessary and evaluate damage during and after natural disasters. HB 1373 would have also allowed people injured by governmental violation of these restrictions to sue the offending law enforcement agencies. The bill would have expressly prohibited surveillance by drones with lethal or non-lethal weapons, private surveillance of other private parties without informed consent and surveillance of people exercising their constitutional rights of free speech and assembly.[21][22] On January 28, the Judiciary Committee held its first hearing on the bill.[23] The bill passed the House of Representatives on February 22 and was sent to the state Senate. The bill died in the state Senate.[24]
Personal
Note: Please contact us if the personal information below requires an update.
Beadle currently resides in Fargo, North Dakota.[25]
State legislative tenure
Scorecards
A scorecard evaluates a legislator’s voting record. Its purpose is to inform voters about the legislator’s political positions. Because scorecards have varying purposes and methodologies, each report should be considered on its own merits. For example, an advocacy group’s scorecard may assess a legislator’s voting record on one issue while a state newspaper’s scorecard may evaluate the voting record in its entirety.
Ballotpedia is in the process of developing an encyclopedic list of published scorecards. Some states have a limited number of available scorecards or scorecards produced only by select groups. It is Ballotpedia’s goal to incorporate all available scorecards regardless of ideology or number.
Click here for an overview of legislative scorecards in all 50 states. To contribute to the list of North Dakota scorecards, email suggestions to editor@ballotpedia.org.
2022
In 2022, the North Dakota State Legislature was not in session.
2021
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In 2021, the North Dakota State Legislature was in session from January 5 to April 29.
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2020
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In 2020, the North Dakota State Legislature was not in session. |
2019
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In 2019, the North Dakota Legislative Assembly was in session from January 3 through April 26.
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2018
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In 2018, the North Dakota Legislative Assembly did not hold a regular session. |
2017
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In 2017, the 65th North Dakota Legislative Assembly was in session from January 3 through April 27.
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2016
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In 2016, the North Dakota Legislative Assembly did not hold a regular session. |
2015
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In 2015, the 64th North Dakota Legislative Assembly was in session from January 6 through April 29.
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2014
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In 2014, the North Dakota Legislative Assembly did not hold a regular session. |
2013
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In 2013, the 63rd North Dakota Legislative Assembly was in session from January 8 to May 4.
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2012
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In 2012, the North Dakota Legislative Assembly did not hold a regular session. |
2011
| To view all the scorecards we found for this legislator in 2011, click [show]. |
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In 2011, the 62nd North Dakota Legislative Assembly was in regular session from January 4 through April 28. A special session was called by Governor Jack Dalrymple from November 7 through 12 to cover legislative redistricting and disaster relief.[26]
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NDPC: North Dakota Legislative Review
The North Dakota Policy Council, a North Dakota-based nonprofit research organization which describes itself as "liberty-based", published the North Dakota Legislative Review, a comprehensive report on how state legislators voted during the 2011 legislative session. The scorecard seeks to show how North Dakota legislators voted on the principles the Council seeks to promote. The Council recorded and scored votes on both spending bills and policy bills, and awarded points accordingly. Policy issues voted upon included income tax cuts, pension reform, and government transparency. On spending legislation, the Council accorded a percentage score based on how much spending the legislator voted against. On policy legislation, scores range from the highest score (100%) to the lowest (0%). A higher score indicates that the legislator voted more in favor of the values supported by the Council.[27] Beadle received a score of 59.04% on policy legislation and voted against 2.58% of state spending. Beadle was ranked 37th on policy and 74th on spending, out of 94 House members evaluated for the study.[28]
Sponsored legislation
The following table lists bills this person sponsored as a legislator, according to BillTrack50 and sorted by action history. Bills are sorted by the date of their last action. The following list may not be comprehensive. To see all bills this legislator sponsored, click on the legislator's name in the title of the table.
Committee assignments
2019-2020
Beadle was assigned to the following committees:
2017 legislative session
At the beginning of the 2017 legislative session, this legislator served on the following committees:
| North Dakota committee assignments, 2017 |
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| • Industry, Business and Labor |
| • Political Subdivisions |
2015 legislative session
At the beginning of the 2015 legislative session, Beadle served on the following committees:
| North Dakota committee assignments, 2015 |
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| • Industry, Business and Labor |
| • Political Subdivisions |
2013-2014
In the 2013-2014 legislative session, Beadle served on the following committees:
| North Dakota committee assignments, 2013 |
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| • Industry, Business and Labor |
| • Political Subdivisions |
2011-2012
In the 2011-2012 legislative session, Beadle served on the following committees:
| North Dakota committee assignments, 2011 |
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| • Judiciary |
| • Political Subdivisions |
See also
| North Dakota | State Executive Elections | News and Analysis |
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External links
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Candidate North Dakota Treasurer |
Officeholder North Dakota Treasurer |
Personal |
Footnotes
- ↑ 1.0 1.1 Thomas Beadle: State Treasurer, “Meet Thomas,” accessed December 8, 2022
- ↑ 2.0 2.1 Office of State Treasurer, “Meet the Treasurer,” accessed December 8, 2022
- ↑ 3.0 3.1 North Dakota Legislature, “Thomas Beadle,” accessed December 8, 2022
- ↑ North Dakota Secretary of State, "2014 Primary Election Contest/Candidate List," accessed April 9, 2014
- ↑ North Dakota Secretary of State, "Official Results Primary Election - June 10, 2014," accessed July 8, 2014
- ↑ North Dakota Secretary of State, "Official General Election Results," accessed November 17, 2014
- ↑ North Dakota Secretary of State, "2010 Primary Election results," accessed May 13, 2014
- ↑ North Dakota Secretary of State, "2010 General Election results," accessed May 13, 2014
- ↑ West Virginia Office of the State Treasurer, “Letter: To Whom It May Concern in the U.S. Banking Industry,” November 22, 2021
- ↑ State of Utah, “Comment to Department of Labor, Office of Regulations and Interpretations, from Utah and undersigned states. ATTN: Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights,” December 13, 2021
- ↑ ‘‘Politico’’, “Kerry to Wall Street: Put your money behind your climate PR,” March 12, 2021
- ↑ ‘‘West Virginia Office of the State Treasurer’’, “Letter from Riley Moore to Special Presidential Envoy for Climate John Kerry,” May 25, 2021
- ↑ 13.0 13.1 State Financial Officers Foundation, “Letter to President Joe Biden from State Financial Officers Foundation.” January 31, 2021
- ↑ CNBC, “Republicans grill Fed nominee Raskin over past views on climate and big energy companies,” February 3, 2022
- ↑ New York Post, “Sarah Raskin withdraws Federal Reserve nomination after Joe Manchin blocks Biden pick,” March 15, 2022
- ↑ Bismarck Tribune, “North Dakota lawmakers hear ESG concerns from state treasurers,” July 27, 2022
- ↑ West Virginia Office of the State Treasurer, “Letter from membership of State Financial Officers Foundation to Mr. Kunal Kapoor, Chief Executive Officer, Morningstar, Inc.,” August 25, 2022
- ↑ SFOF, “Our Financial Officers,” accessed December 8, 2022
- ↑ Our Money, Our Values, “About Us,” accessed December 8, 2022
- ↑ Responsible Investor, “US anti-ESG state officials home in on ‘asset manager activism,’” November 29, 2022
- ↑ North Dakota Legislative Assembly, "Text of HB 1373," accessed May 22, 2014
- ↑ Associated Press, "North Dakota lawmaker wants limits on drone use," January 6, 2013
- ↑ North Dakota Legislative Assembly, "Bill Actions for HB 1373," accessed May 22, 2014
- ↑ legiscan.com, "North Dakota House Bill 1373," accessed June 4, 2015
- ↑ Cite error: Invalid
<ref>tag; no text was provided for refs namedbio - ↑ The Bismarck Tribune, "N.D. House leader: Special session starts Nov. 7," accessed September 15, 2011
- ↑ North Dakota Policy Council, "The North Dakota Legislative Review - 2011," accessed January 20, 2014
- ↑ North Dakota Policy Council, "2011 North Dakota Legislative Review Rankings," accessed January 26, 2014
| Political offices | ||
|---|---|---|
| Preceded by Kelly Schmidt (R) |
North Dakota Treasurer 2021-Present |
Succeeded by - |
| Preceded by - |
North Dakota House of Representatives District 27 2010-2020 |
Succeeded by - |
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State of North Dakota Bismarck (capital) |
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