South Carolina Treasury Secretary Curtis Loftis, who is in charge of investing state funds, is turning his back on Blackrock. They are a multi-national asset managing firm that handles many state investment funds.
The decision is based on Blackrock's adherence to ESG scores. Many investment firms are using these Environmental, Social and Governance scores to determine investment strategies . Loftis claims that so-called woke ideology is being fostered in state supported colleges and universities.
The full interview from Thursday's episode of the Tara Show is below.
