Michael Frerichs has secured a third term as Illinois treasurer.The Associated Press called the race for Frerichs, defeating challengers Tom Demmer and Preston Nelson.With 94% of precincts reporting, Frerichs led with 54% of the vote to Demmer's 43.8% and Nelson's 2.2%.A former state senator from Champaign, Frerichs, 49, ran a campaign touting his accomplishments as state treasurer over two terms in office.
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