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Republican Stacy Garrity and incumbent Democrat Joe Torsella are waiting to learn who will be the states treasurer come January.

Torsella, considered a potential gubernatorial or U.S. Senate candidate, said his major accomplishments as state treasurer include setting up a scholarship program that begins for children at birth and leading a lawsuit against large Wall Street banks over their bond fees.

The lawsuit resulted in a nearly $400 million settlement over the price fixing claims, money that is being split with other plaintiffs. He has also moved more of the states investments into index funds, putting the state on track to save hundreds of millions of dollars in investment fees in the coming decades.

Torsella, 57, a resident of Flourtown, served as former President Barack Obamas envoy for United Nations management and reform, headed the National Constitution Center, and was former Gov. Ed Rendells choice to serve as chairperson of the Pennsylvania State Board of Education.

Garrity, 56, retired as a colonel in 2016 after 30 years with the Army Reserves. She is vice president of a tungsten smelting plant.

Garrity, who lives in Athens in Bradford County, wants to use the treasury departments leverage to push lawmakers and the governor to limit spending to money that has been formally appropriated by the Legislature and end the executive branchs spending of money outside the pre-approval process.

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Pa. treasurers race between incumbent Democrat and Republican challenger still up in the air - PennLive