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Janesville's Scott Feldt drops out of state treasurer's race

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Nick Crow
May 19, 2014

JANESVILLE — Janesville resident Scott Feldt announced Monday he has dropped out of the race for state treasurer.

"I've respectfully, with a lot of thought and prayer, decided to step aside," Feldt said.

Feldt, a Republican, had pursued the office for more than four months, he said.

"I'm very proud of the campaign that my team and I have run, and I am thankful to my many supporters from across the state,” Feldt said in a written statement. “The message that I have carried—the message that accountable, constitutional government is best—is larger than any one man."

The move follows a close endorsement vote at the state Republican convention in which Feldt received 49.5 percent of the delegates, he said. An endorsement requires 60 percent of the vote, according the written statement.

A candidate is still able to run without the endorsement by the Republican convention, Feldt said. His decision not to continue came after some soul searching and a look at how much the campaign would cost in both hours and dollars, he said.

"More and more I asked myself if I was the right messenger and decided I am sure I'm not," Feldt said.

Feldt previously ran for state treasurer in 2010 and was defeated by current treasurer Kurt Schuller, who is not seeking re-election. Feldt currently serves as deputy treasurer.

"I am throwing my support behind Randy Melchert's recently announced campaign for state treasurer," Feldt said in the written statement.
 
Melchert is an attorney and conservative activist from Menomonee Falls, according to the written release.
 
“Randy has a great resume, and will make a fantastic state treasurer,” Feldt said in the written statement. “Republicans must elect a state treasurer who will seek to grow accountability in government, not a cut and paste candidate who will only grow the bureaucracy.”

Feldt had served on the Janesville School Board since 2011 but did not seek re-election this spring.

Feldt said he is unsure if he will remain in his role as deputy treasurer. It will depend on who is elected and if the winner is interested in retaining him, he said.

"I'm truly humbled by the support I've received across the state," Feldt said. "It's an enlightening experience to have people believe in you and why you're running."



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