A bill in California, AB 20, would discourage the public pensions in California from investing in any company with operations related to the Dakota Access pipeline. AB 20 perpetuates the trend of politicians restricting the investment decisions of public pension funds based on their own personal preferences. As EconoSTATS’ Managing Editor Wayne Winegarden argues in the Orange County Register, if implemented, these restrictions will harm investment returns and worsen the public pension crisis. Read the editorial here.

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