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Aaron Binder

Political profile

Aaron Binder

State Treasurer, New Jersey Department of the Treasury

Democratic Party

Overview

Aaron Binder is the State Treasurer of New Jersey, appointed by Governor Mikie Sherrill and unanimously confirmed by the State Senate on March 3, 2026. He had served as Acting Treasurer since January 20, 2026, following Governor Sherrill's inauguration. Binder is a veteran state budget official who previously served as Deputy State Treasurer from 2021 to 2026 under Governor Phil Murphy and Treasurer Elizabeth Maher Muoio. In that role, he assisted with management of the state budget and oversaw the Office of Management and Budget, the Office of Revenue and Economic Analysis, and the Division of Taxation.

Prior to joining the Murphy administration, Binder spent 16 years on the leadership team of the New Jersey Assembly Majority Office, most recently as Deputy Executive Director. During his tenure with the Assembly Majority Office, he served as the lead aide for the Assembly Budget Committee and oversaw key policy areas including public employee pensions and benefits, banking and insurance, transportation, and health care. Before his legislative service, he held financial roles at Congreso De Latinos Unidos in Philadelphia, Amtrak, and the City of Philadelphia.

Political Career

State Treasurer, New Jersey Department of the Treasury (March 3, 2026–present)

Acting State Treasurer (January 20–March 3, 2026)

Deputy State Treasurer (2021–January 2026)

Deputy Executive Director, New Jersey Assembly Majority Office (2018–2021)

Lead Aide for Assembly Budget Committee, New Jersey Assembly Majority Office (2005–2021)

Financial roles, Congreso De Latinos Unidos, Amtrak, City of Philadelphia (early career)

Key Policy Areas

State budget management and fiscal oversight

Taxation and revenue analysis

Public employee pension and health benefits

State debt management and capital finance

Public finance and infrastructure investment

Intergovernmental fiscal relations

Notable Actions / Initiatives

Appointed State Treasurer ensuring continuity in treasury operations following Governor Murphy's departure, having served as Deputy Treasurer since 2021

Oversees the New Jersey Department of the Treasury, a 3,000-employee agency responsible for the state budget, tax collection, pension administration, and investments of one of the largest public pension funds in the United States

As Deputy Treasurer, contributed to securing multiple credit-rating upgrades for New Jersey and the resumption of full annual pension contributions

Leads treasury operations during a period of fiscal challenges including a structural budget gap and shifting federal cost allocations

Education

Not publicly available

Personal

Birth date: Not publicly available

Residence: Not publicly available

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