Binder Nominated by Gov.-elect Sherrill to Lead Treasury Department

On Jan 5, 2026

Gov.-elect Mikie Sherrill is nominating Aaron Binder to lead New Jersey’s Department of the Treasury, a position in which he will oversee the state’s budget, taxation, pensions, and investments, and manage a department of more than 3,000 employees.

Binder has been Gov. Phil Murphy’s Deputy State Treasurer since December 2021 after serving as deputy executive director of the Assembly Majority Office during a 16-year stint with the Assembly. He also has previous experience serving as Budget Director for the Assembly Budget Committee.

“Together, we will ensure that New Jerseyans’ tax dollars are being spent wisely, continue to fully fund our pension system, and work to invest in the programs that help families make ends meet,” said Sherrill. “I look forward to working with Aaron to make smart financial decisions that lower costs and support our state’s economy.”

“I am honored to be Governor-elect Sherrill’s State Treasurer nominee,” said Binder. “During my time as Deputy Treasurer, I am proud to have worked on critical efforts to lower costs for New Jerseyans, like funding the pension system and implementing property relief tax programs to lower the cost of renting or owning a home. I look forward to working with the Governor-elect to continue building fiscally responsible budgets that invest in the future of our state, lowers costs for families, and ensure that New Jerseyans’ tax dollars are being spent wisely, efficiently and are invested in the areas that matter most.”

New Jersey Business & Industry Association President and CEO Michele Siekerka, commented, “We have had the good fortune to work with Aaron on tax legislation over the years and have enjoyed having him as part of our events. Aaron is proven to be extremely capable of being the lead administrator of the state’s finances, with a deep knowledge and ideas on how to put the state’s best fiscal foot forward. We look forward to continuing to work with Aaron in his new capacity and we congratulate him and the incoming Sherrill administration on this excellent appointment.”

Serving as Deputy Treasurer, Binder assists in managing the state budget and oversees Treasury’s Office of Management and Budget, Office of Revenue and Economic Analysis, the Division of Revenue and Enterprise Services and the Division of Taxation.

Previously, Binder served in the New Jersey Assembly Majority Office (AMO) where he served as part of the leadership team, including six years as the Deputy Executive Director.  During his 16-year tenure with the AMO, he served as the aide to the Assembly Budget Committee, playing a key role in the state budget negotiations, and led multiple key policy issues, including public employee pension & benefits, banking and insurance, transportation, and health care. Prior to joining the AMO he served in a number of financial roles for Congreso De Latinos Unidos, Amtrak, and the City of Philadelphia.

To access more business news, visit NJB News Now.

Related Articles: