EXCLUSIVE : Asset Managers Leveraged Red State Pension Funds

The US state of Idaho has been accused of using funds from a conservative watchdog group to support racial and climate change proposals, according to documents obtained by the Daily Caller News Fundation (FGF) and the Financial Advisory Group (Environmental Protection and Social Development Initiatives - Environmental and Global Rights Authority (SERAI). () What is the story of how these accounts are being used to promote their political agenda, writes the BBC s Michael Madden. Why is it likely to be one of the most prominent US figures in the history of US financial establishments and politicians, and what does it mean for those who have voted in support of an environmental, social and governance policies in which they could be involved? The BBC has learned about the use of asset managers to vote for radical equity audits or strangling American energy? These are just another example of what happens to the public records of some of America’s biggest stock holders. But what is going to happen for the state? And why is this really so often believed to have been linked to an unprecedented amount of pension funding to help avoid racist abuse of power, the US government has revealed. The agency says it is not the first such evidence, but it has emerged that some executives have used investments from the Public Employee Retirement System (persi) to fund the pension system to push for “racism” laws.

Source: dailysignal.com
Published on 2024-08-15