Tobias Read was elected to serve as Oregon’s 29th State Treasurer in November 2016. He ran for office because Oregon is facing challenges that cannot be solved by money alone, and our state needs a solid financial plan for a stronger future. As Treasurer, Tobias is focused on making Oregon a good financial partner to families, and providing the tools they need to get ahead.
From 2006 to 2016, Tobias was elected to serve the 27th district as State Representative. While in office, he sponsored and successfully passed legislation to create OregonSaves, a first-of-its-kind retirement savings plan that gives everyone the ability to save for the future and retire with security and dignity, even if their employer does not provide options. As Treasurer, he has overseen the implementation of the plan, which successfully enrolled over 50,000 people in the first 18 months. In 2019, Tobias and the Oregon Treasury will begin a partnership program to help develop and implement similar plans in other states.
Tobias also worked in the legislature to fund full-day kindergarten to give all kids a jump start on their education; support green tech jobs and research; stabilize state funding to reduce the need for harsh cuts and tax increases; and fix a loophole in state law to ensure unclaimed funds from class action lawsuits are redirected to nonprofit charities, rather than back to the original corporate wrongdoers.
During his time in the Oregon House, Tobias served as House Majority Whip, and in 2015 he was elected Speaker Pro Tempore. He served as chair 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 and the Joint Committee on Ways and Means, the primary budget writing body for the Legislature.
Tobias’ experience stems from his time working under U.S. Treasury Secretary Lawrence Summers, where he oversaw briefings for the Secretary. He also worked as a liaison between designers, engineers and manufacturing units for Nike Inc.
Tobias earned 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 tournament.
Tobias lives in Beaverton with his wife, Heidi Eggert, and their two children.