The South Carolina House has decided not to pursue the removal of State Treasurer Curtis Loftis following a $1.8 billion accounting error that caused confusion statewide.
The State Senate had previously voted 33-8 to remove him.
State Treasurer Loftis issued a statement in response to the calls for his removal.
A financial advisory and global consulting firm was hired to investigate the accounting error, with the final report released in March.
State lawmakers expressed frustration with Loftis and Republican Sen. Larry Grooms, accusing the state treasurer of breaching the public's trust.
