In February 2020, Governor John Bel Edwards sued Treasurer Schroder regarding approximately $25 million in abandoned and unclaimed property funds owed to individuals and not subject to inclusion in the budget. Edwards seeks to have the Louisiana 19th Judicial District Court to compel Schroder to turn over the funds so that Edwards may place them in the state budget. John L. "Jay" Dzardenne, Jr., Edwards' commissioner of administration and a former state lieutenant governor, said that "the treasurer's actions are not lawful and they’re usurping the role of the legislature. … The treasurer doesn’t have the authority to redirect that money to his own escrow account
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In February 2020, Governor John Bel Edwards sued Treasurer Schroder regarding approximately $25 million in abandoned and unclaimed property funds owed to individuals and not subject to inclusion in the budget. Edwards seeks to have the Louisiana 19th Judicial District Court in Baton Rouge to compel Schroder to turn over the funds so that Edwards may place them in the state budget. John L. "Jay" Dzardenne, Jr., a [[Moderate Republican]] who serves as Edwards' commissioner of administration and who was formerly the state lieutenant governor, called Schroder'sactions "not lawful and they’re usurping the role of the legislature. ... The treasurer doesn’t have the authority to redirect that money to his own escrow account."<ref>{{cite web|url=https://www.theadvocate.com/baton_rouge/news/politics/legislature/article_156a0176-49b5-11ea-853a-1f43f1075148.html|title=Gov. John Bel Edwards sues state treasurer to force him to turn over millions in unclaimed property|author=Sam Karlin|date=February 7, 2020|publisher=''The Baton Rouge Advocate''|accessdate=February 10, 2020}}</ref>
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<ref>{{cite web|url=https://www.theadvocate.com/baton_rouge/news/politics/legislature/article_156a0176-49b5-11ea-853a-1f43f1075148.html|title=Gov. John Bel Edwards sues state treasurer to force him to turn over millions in unclaimed property|author=Sam Karlin|date=February 7, 2020|publisher=''The Baton Rouge Advocate''|accessdate=February 10, 2020}}</ref>