
The National
Aeronautics and Space Administration job, which is based in Washington,
D.C., requires Senate confirmation and involves overseeing an
estimated $20 billion budget as well as the agency's financial operations.
NASA finances will
be in good hands since DeWit was elected state treasurer The Arizona land trust fund grew to $5.6 billion at
the end of June, an all-time record, even as it paid out $290 million, also a
record high.
"Since the
conclusion of last year's presidential election, there has been much
speculation as to what my future was going to be, and my response has been and
remains that I truly love Arizona and my current role as state treasurer,"
DeWit said in a statement. "However, when the president of the United
States asks you to serve your country, it is my duty to answer the call."
DeWit said he would
remain in his current post for now.
DeWit said his
"deep love for the state of Arizona and the opportunity to keep
serving the wonderful people here at home is something that constantly tugs at
my heart. This is definitely a tough decision."