What do treasurers & comptrollers do when they get together in NYC?
Nerd out about pension fund investing & bond underwriting. And catch a @Yankees game!
Thanks @ftlongterm for bringing us together to share ideas for inclusive economic growth & well-managed states & cities!
Baby bonds can indeed deliver on the promise to close Rhode Island’s wealth gap.
Setting up trusts for for children on Medicaid at birth can have a big economic payoff later on.
This is what #InvestingInRhodeIslanders is all about.
https://t.co/6QpIJybA3y
I want to thank Illinois State Treasurer Michael W. Frerichs for inviting my business partner Jim Reynolds and I to the “For the Long Term – Chicago Forum” in Chicago today! It was an all-around great meeting of the minds.
And look who I ran into; Ariel Investments Founder, Chaiman, Co-CEO and CIO John W. Rogers Jr., one of the greatest businessmen in the country! He has an amazing business partner, and my fellow NFL owner Mellody Hobson at Ariel Investments. He and Mellody have been doing great things around the country!
"Vermont Business Magazine State Treasurer Mike Pieciak joined Governor Scott and state housing leaders to announce $55.5 million in housing investments from the Treasurer’s Office’s ”10% in Vermont” local investment program." https://t.co/E0Zd7sYcpL
"The Office of the Treasury announced last week that it had made its first investment through a new infrastructure fund. The $75 million allocation to Ullico Infrastructure, kicks off the evergreen investment effort, called FIRST Fund."
https://t.co/U0Mw3dhDOM
"A bill that would provide unemployment insurance to striking workers in California passed the state Assembly on Monday and now is headed to the Senate Labor Committee and then to the Senate floor." https://t.co/8t9rFHLu35
"As they race to capitalize on a craze for generative AI, leading tech developers have acknowledged that growing demand for their AI tools carries hefty costs, from expensive semiconductors to an increase in water consumption." https://t.co/nJezSEU6wA
“The impact of these two strikes paralyzes Hollywood and reverberates across the state, affecting countless businesses, thousands of pension fund beneficiaries, and millions of Californians.” - Fiona Ma @fionama
https://t.co/QwaUcN4IdK
"The trustees of New York City’s five pension funds, led by Comptroller Brad Lander, have sent letters to AMPTP Executives, calling on the executives to address Hollywood’s ongoing double strike by the Writers’ Guild of America and SAG-AFTRA."
https://t.co/NZtzv0bPFl
"Electric companies in the western U.S. are facing mounting lawsuits alleging that their failure to prepare for extreme weather has resulted in repeated, catastrophic wildfires that have taken scores of lives and caused billions of dollars in damages."
https://t.co/e0XAiE3S4n
"Now that climate change has raised the Earth’s temperatures to the highest levels in recorded history... new research shows the impact of heat on workers is spreading across the economy and lowering productivity."
https://t.co/R21lYpN5uk
"The House of Representatives returns to work Tuesday with a major fight looming over spending that could lead to a government shutdown beginning Oct. 1." https://t.co/qRphfJfSET
"SAG-AFTRA and the Writers Guild of America West are among more than 20 labor organizations lobbying for passage of a bill pending in the California legislature that would make striking workers in the state eligible for unemployment benefits." https://t.co/T1UytdjiTi
"Hospitals have pointed to a number of factors for their distressed state — increased labor costs, and inadequate reimbursement from public insurance programs, Medicare and Medi-Cal, and in some cases private insurance." https://t.co/ZGWSoaKddN
"A Kroger distribution center employee has died on the job in Memphis amid hot working conditions, adding to a national debate in the US over the risk to workers during heatwaves." https://t.co/PR5JO5nTQz
Labor Day is a day to pay tribute to the contributions and achievements of our workers. Let’s build a future that gives every worker the support, rights, pay, and benefits they deserve. #LaborDay2023
Looking at environmental, social and governance risks protects you against systemic risks in investing.
I met @PBS@NewsHour at Wall Street to lay out the ESG roadmap towards protecting our planet 👇
"Health insurance premiums for both CalPERS and Covered California policyholders will increase by more than 10%. As a member of the CalPERS Board of Administration, I voted against this increase." - California State Treasurer @fionama
https://t.co/g9PCM830bX
“I have serious concerns about access to affordable groceries, particularly in underserved communities. It’s critical that we maintain a diverse range of grocery options, especially for those who rely on these stores for their daily needs.” @TreasurerDavis
https://t.co/AVz4Mfvuj9
The Kroger-Albertsons monopoly would impact:
🪧Workers' wages + right to organize
💊Accessibility of food + medicine
🥬And even create new food deserts
I’m calling on the @FTC to oppose the merger and safeguard Colorado's long-term economic security. #stopthemerger