Dale Robbins Folwell (born December 17, 1958)[1] is an American politician who served as the North Carolina State Treasurer from 2017 to 2025.
[5][6] He is a certified public accountant,[7][5] and also worked as a gas station attendant, custodian, trash collector, and as an investment advisor for Deutsche Bank.
[14] In June 2011, Folwell initially voted in favor of controversial legislation (House Bill 810) to allow short-term consumer loans with high effective annual interest rates (up to 50%); two weeks later, Folwell asked that the official record to be modified to reflect that he voted "no," explaining that he changed his mind upon further consideration.
[15] Also in 2011, Folwell backed a Republican budget plan that would cut $400 million from Governor Perdue's budget proposal for K-12 education (which already recommended a $350 million cut), dismantle a significant portion of the North Carolina Department of Environment and Natural Resources, raise certain fees (on driver education courses, GED courts, and ferry tolls), and discontinue the extra penny on state sales tax.
[7] In December 2011, Folwell announced that he would not seek election to a fifth term in the North Carolina state House.
In March 2013, Secretary of Commerce Sharon Decker named Folwell to the post of Assistant Secretary of Employment Security at the North Carolina Department of Commerce; in that role, Folwell oversaw the department's Division of Employment Security.
[5] Over a 30-month period under Folwell, the North Carolina unemployment insurance system repaid a debt of $2.5 billion owed to the federal government, but did so by imposing an surcharge on employers and restricting unemployment benefits (by lowering both the amount of weekly payments and the number of weeks for which job-seekers were eligible to collect benefits).
[5] In 2014, under Folwell, the department also adopted a policy of requiring recipients of unemployment insurance benefits to attend a mandatory interview.
[22] In December 2015, Folwell announced his candidacy for the Republican nomination for North Carolina State Treasurer in the 2016 election.
[28] As state treasurer, Folwell promoted a controversial "Clear Pricing Plan" contract initiative, attempting to move State Health Plan participants to a pricing model that would tie all payments to Medicare, rather than negotiating reimbursement rate with health care providers.
[35] In April 2020, Folwell asked Cooper to modify his stay-at-home executive order to allow the Charlotte Motor Speedway to host a NASCAR race, the Coca-Cola 600, without an audience of fans.