One in every four members of the State Financial Officers Foundation (SFOF)—the group of Republican state treasurers, auditors, and other financial officers on the frontlines of the campaign against “woke capitalism”—has been a member of the American Legislative Exchange Council, the Center for Media and Democracy has found.
ALEC to SFOF Pipeline Unearthed
One in every four members of the State Financial Officers Foundation (SFOF)—the group of Republican state treasurers, auditors, and other financial officers on the frontlines of the campaign against "woke capitalism"—has been a member of the American Legislative Exchange Council, the Center for Media and Democracy has found. Continue Reading...
Utah State Treasurer Compares ESG Policies to Nazism at Heartland’s Climate Misinformation Fest
In his keynote address at The Heartland Institute's International Conference on Climate Change, Utah Treasurer Marlo Oaks—a longtime investment banker prior to being appointed state treasurer in 2021—proclaimed key similarities between Hitler's drive to create a uniform Aryan society and the desire of "global elites" to implement uniform investment practices. Continue Reading...
Center for Media and Democracy Launches New Website Exposing Right-Wing Group of Anti-ESG State Financial Officers
The Center for Media and Democracy (CMD) is launching a new website, SFOFExposed.org, to expose the State Financial Officers Foundation's role in legitimizing the latest front in the Right's culture wars. Continue Reading...
Fossil Fuel Producers Urge ALEC to Help “Preserve [Their] Freedom”
An oil and gas industry group recently urged the board of directors of the American Legislative Exchange Council—the right-wing corporate bill mill—to reconsider adopting a model policy that would blacklist companies that limit their business with fossil fuels Continue Reading...
Koch Funds BlackRock Bashing…While Profiting from Joint Investments
Koch Industries and its funding vehicles funnel millions to groups that are decrying "woke capitalism" and attacking the investment giant BlackRock for its leading role in ESG investing. Yet that hasn't stopped the company's subsidiaries from partnering with BlackRock to invest in technology startups. Continue Reading...