ESG: The Invisible Fist
I have joined with 27 State Financial leaders to push back against Environmental Social and Governance (ESG) policies that negatively impact my constituents. This is a good opinion piece by Utah Treasurer Marlo Oaks explaining ESG.
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State Financial Officers Foundation Sends Letter To President Biden Warning About The Dangers Of Energy Dependence
Today, the State Financial Officers Foundation (SFOF) sent a letter to President Biden warning him about the need for American energy independence and the dangers of being reliant on foreign adversaries like Russia, Iran, and Venezuela. I am happy to have signed on to the letter
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Bipartisan Joint Statement of State Treasurers on the Russian Invasion of Ukraine
We, the undersigned State Treasurers, condemn Russia's unprovoked and unjustified invasion of Ukraine. The Russian invasion Is a threat to democratic freedoms and global stability and cannot be tolerated. State governments Invest a significant amount of public funds with some Invested In Russian-domiciled companies. actions taken by states can help the people of Ukraine by putting additional pressure on the Russian economy to force an end to this invasion. These actions are not only mor...
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Treasurer Signs on to Comment letter to the Municipal Securities Rulemaking Board
Twenty-two state attorney generals and 20 state financial officers worked together to submit a comment letter to the Municipal Securities Rulemaking Board (MSRB) regarding Environmental, Social, and Governance (ESG) Practices in the Municipal Securities Market (2021-17) (RFI).
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Risk Management: Principles for Climate-Related Financial Risk Management for Large Banks
Potential rules for the Office of the Comptroller of the Currency ignore threats to the U.S. banking system.
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Twenty-one States Urge Biden to Withdraw Nominee to the Fed
Sarah Bloom Raskin wants Fed to penalize banks that serve oil and gas companies
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Idaho Treasurer Julie A. Ellsworth  Releases 2021 Transparency Report
In the 2021 Transparency Report Card, Idaho Treasurer Julie A. Ellsworth reports on the work of the Credit Enhancement Committee, the Idaho Bond Bank Authority, and Idaho Unclaimed Property. It includes earning distributions through the Diversified Bond Fund, Idle Investment Pool, and the Local Government Investment Pool. The report also includes an investments accountability chart.Highlights include: Idaho's Millennium Fund earnings grew from $7,911,139 in 2020 to $16,722,342 in 2021 The Id...
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Proposed Department of Labor Rule Puts Retirement Savings at Risk
State Treasurer Julie Ellsworth Joins Leaders of 23 States in Letter Opposing Proposed Department of Labor Rule That Puts Retirement Savings at Risk.
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Idaho Treasurer Objects to Economic Boycott of Traditional Energy Production Industries by U.S. Financial Institutions
Treasurer Julie A. Ellsworth joins a 15-state coalition of state financial officers who have committed to scrutinize or potentially curtail future business with banks that adopt corporate policies to cut off financing for the coal, oil, and natural gas industries.
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Should Post Offices Be Banks?
U.S. Postal Service Initiates Pilot Program to Expand Consumer Financial Services to Limited Check Cashing Services. Several U.S Senators Object.
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