Maryland Treasurer Nancy Kopp stepping down

ANNAPOLIS, Md. (AP) — Maryland Treasurer Nancy Kopp (photo, L) says she will step down by the end of the year.

Kopp, a Democrat, made the announcement Monday. She has been treasurer since 2002. She has been re-elected by the General Assembly to five four-year terms. The treasurer holds one of the three seats on the state’s powerful Board of Public Works, along with Governor Larry Hogan (photo, C) and Comptroller Peter Franchot (photo – R).

As treasurer, Kopp has served as the state’s chief representative dealing with bond rating agencies and banking firms.  State law requires the General Assembly’s Senate president and House speaker to appoint a committee to review candidates for the opening when Kopp steps down.

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