
Did Beth Pearce just hand the treasurer’s office to Michael Pieciak? Consider the timing.
April 27: Gov. Phil Scott’s office announces that Pieciak would step down as Commissioner of the Department of Financial Regulation in mid-May “to pursue other opportunities” of the unspecified variety.
May 4: Pearce announces she will not seek re-election as treasurer. Her decision, she said, was made after being diagnosed with cancer three weeks earlier. Or about two weeks before Pieciak’s departure from the administration.
May 6: Pieciak launches a campaign for treasurer as a Democrat. (He served under Republican Scott, but he was brought into state government by Dem Peter Shumlin.)
Here’s what it looks like: Pearce realizes she’s stepping down and essentially handpicks Pieciak as her successor. How could you look at the sequence of events and think otherwise?
Pearce took a couple weeks after her diagnosis, more than enough time to drop a word to Pieciak. He steps down as commissioner “to pursue other opportunities” only a week before Pearce’s surprise announcement. And he launches his candidacy only two days after Pearce’s announcement.
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