The SEANC View
The SEANC View
SEANC
$148.3B and Counting: Treasurer Briner on AI, Timber Troubles, and the Hurricanes
34 minutes Posted Jun 18, 2026 at 11:56 pm.
Intro & Hosts
Welcome to the Treasurer’s Office / Lease Discussion
Could the Hurricanes Have Been Owned? (Franchise Discussion)
Pension Fund Hits Record $148.3B
COLA, Pension Math & Five-Year Smoothing
Portfolio Evolution & AI Investment (Anthropic)
Timber Holdings: Problems & Opportunity Cost
Messaging: Profits, COLA & Taxpayer Contributions
AI: CNBC Visit and Broader Impacts
Anthropic Gains & High-Risk, High-Return Strategy
Internal AI Pilot & Staff Rollout
Transparency: Holdings, Fees & Disclosures
Alternatives, Private Equity & Fee Debate
Squawk Box Interview & Role of the Treasurer
State Health Plan: Medicare Advantage Changes
Provider Pricing, Transparency & Policy Limits
Affordability Initiatives: Power Grants & Federal Funds
America 250 & Financial History Projects
Trump Accounts (Kid Savings) Plug
Closing Remarks
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34:11
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Show notes
State Treasurer Brad Briner joins the SEANC View podcast to explain how the pension reached a record $148.3 billion, discuss recent investment moves, including AI stakes like Anthropic, and explain why the office passed on buying part of the Carolina Hurricanes. He also covers portfolio changes, timber holdings, and efforts to improve returns for retirees and taxpayers. 
The conversation addresses health plan challenges, recent Medicare Advantage cost adjustments for retirees, transparency around fees and holdings, and broader initiatives—from power affordability to America 250 outreach—that affect state employees and retirees.