Red State Treasurers Say Progressives Are Fighting to Block Anti-ESG Pension Rules

‘We want to make sure that our state treasurers are defended against attacks like that,’ Noah Wall, executive director of SFOF Action, said.

ESG stands for environmental, social, and governance. Deemerwha studio/Shutterstock

The national fight over the politicization of public pension funds heated up this week.

Republican states across the country have passed laws to boycott Wall Street banks and asset managers who they say are pushing a left-wing agenda on issues such as global warming and gun control. But state financial officers who enforce those laws say they are coming under fire as progressives fight back.