Johnston, RI -- Democrat candidate for General Treasurer, Frank Caprio, today announced the endorsement of his candidacy by the Johnston Democratic Town Committee. "Our democratic committee unanimously endorsed Frank's campaign to return as Treasurer because we trust him to focus on growing the economy, creating jobs and saving the taxpayers money," said Democratic chairman Richard Delfino. "We are impressed by his commitment to ending the exorbitant fees paid to Wall Street out of the pension system. Instead, he will focus on investing in Main Street Rhode Island through a small business revolving fund. Frank understands the struggles of middle class families and will be a strong advocate to get the economy moving again." The Democratic Committee met last Tuesday night at Pocasset Bay Manor in Johnston and unanimously backed Caprio to return to the Treasurer's office. Caprio served as General Treasurer from 2007 until 2010. During his tenure in office, Caprio worked to make the Treasurer's Office one of the most efficient and transparent departments in state government. He guided the state's investments and pension fund through some of the most tumultuous days in recent history while, at the same time, paying among the lowest fees in the country. "I am thrilled to have earned the support of Johnston Democrats." said Caprio "I can't wait to get back to work for Rhode Island. Together, we can get Rhode Island's economy back on its feet by reducing the fees paid to Wall Street, investing in Rhode Island businesses and infrastructure, and being an open, transparent and responsible steward of our pension system." Caprio continues to pick up momentum in the race for Treasurer. In recent months, Frank Caprio has won the endorsements of North Providence Mayor Charles Lombardi, Johnston Mayor Joseph Polisena and now the Johnston Democratic Town Committee.