TPPF: ERS Support for Social Policy Violates Rules, Threatens Taxpayers
AUSTIN—The Texas Public Policy Foundation has learned that the Employees Retirement System (ERS) of Texas recently voted in favor of proposals at several of the largest U.S. banks, including Bank of America and Goldman Sachs, that would require the banks to stop providing financing for new fossil-fuel energy projects. ERS has a strict policy against...
Press Release May 2, 2022