Panel: Funding pensions with sound investments more important than ESG investing trend – Center Square

Illinois Treasurer Michael Frerichs has joined 12 other treasurers to take a stand in what they perceive to be a campaign to blacklist financial services firms that embrace ESG efforts. The group wrote a letter titled “We are in it for the long term” and takes aim at states like Florida and Texas for creating “new policies and laws that restrict who they will do business with, reducing competition, and restricting access to many high quality managers.”

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Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

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