For immediate release, October 18, 2010
Contact: Larry Nagengast, Senior Advisor, 302-373-5254
larry@chipflowers.com
Wilmington, Delaware (October 18, 2010) – New York City Mayor Michael Bloomberg has endorsed Chip Flowers, Democratic candidate for Delaware state treasurer.
Bloomberg, an independent who has endorsed candidates from both political parties throughout the current election cycle, is endorsing Flowers because of the centrist economic policies set forth in his plan, “The Flowers Framework for Restoring Prosperity,” and commitment to revamping the state treasurer’s office to focus on fiscal responsibility, economic growth, effective government, innovation and restoring prosperity to the people of the state of Delaware.
In announcing the endorsement and citing the need to promote the next generation of public leaders, Bloomberg said, “It is my privilege to endorse Chip Flowers as Delaware’s next state treasurer. Chip’s creative plan, along with his impeccable academic credentials and success in the business community, will make him a strong asset to Delaware. I look forward to working with Chip over the coming years and developing a strong working relationship between our city and the Delaware’s treasurer’s office in moving our economy forward.”
“I am humbled by the receiving the endorsement of New York City Mayor Michael Bloomberg, who is not only a dedicated and respected public servant, but a true leader and trailblazer in our nation’s financial community,” Flowers said. “For a young aspiring public servant, Mayor Bloomberg’s practical governing style has been instrumental in developing my own career path and I am grateful for his support.”
Following the precedent set by Mayor Bloomberg in New York City, if legally permissible under Delaware law, Flowers has pledged to accept a $1 in salary for the first year of his term to assist Delaware in its cost-cutting measures. “As shown by Mayor Bloomberg, those individuals with the personal means to forgo a state salary in this difficult economic climate should consider returning the money to the people,” Flowers said.
Bloomberg, in his third term as mayor of New York City, is the founder and principal owner of Bloomberg L.P., a financial news and information services media company. A lifelong Democrat before seeking elective office, Bloomberg switched his registration in 2001 and ran for mayor as a Republican, winning the election that year and a second term in 2005. He left the Republican Party in 2007 and is currently an independent, earning the support and respect of voters across the political spectrum.
Flowers, founder and managing director of The Flowers Counsel Group, LLC, a law firm that advises Fortune 500 companies on procurement issues and acquisitions, previously worked in the White House Office of Political Affairs under President Bill Clinton and was a Delaware delegate to the 2004 Democratic National Convention. Flowers majored in economics at the University of Pennsylvania and received his law degree and a Masters in Business Administration from Georgetown University. He later earned a Masters of Public Administration from the John F. Kennedy School of Government at Harvard University. Clients of the Flowers Counsel Group include DuPont, AstraZeneca, Bank of America, Barclay’s Bank Delaware, ING Bank FSB, Harvard University and the Buccini/Pollin Group.
To learn more about the Flowers campaign and his proposals, “The Flowers Framework for Restoring Prosperity,” go to www.chipflowers.com.
