David McRae is an American politician from Mississippi. A member of the Republican Party, McRae has been Mississippi State Treasurer since 2020, having been elected in the 2019 election. Prior to his time in politics, he worked for his family's business as a managing partner.
McRae's family owned the McRae'sdepartment stores.[4] McRae is a managing partner of McRae Investments for his family's business.[3] He is also a licensed attorney.[5]
ARepublican, McRae ran for Mississippi State Treasurer in the 2015 election in the Republican primary against Lynn Fitch.[4] The primary was considered one of the most contested races of the cycle due to McRae's ability to self-fund his campaign and his hiring of veteran campaign consultants.[6] He was endorsed by Clark Reed, former chairman of the Mississippi GOP.[7] He lost 57% to 42%.[8]
McRae ran again for the office, announcing his candidacy in 2018.[9] He spent heavily in the primary against state senator Eugene Clark, loaning himself $1.7 million.[10] He was endorsed by the outgoing Republican governorPhil Bryant.[4] He defeated Clarke in the primary and won the general election in November with 61% of the vote against Democrat Addie Lee Green.[11][12]
McRae was sworn in as State Treasurer on January 9, 2020.[13] He was sworn in to a second term on January 4, 2024.[14]
