Emails show how a right-wing group steers GOP leaders on major policy issues
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Source: CNN
When Missouri Secretary of State Jay Ashcroft jumped in the state’s gubernatorial race last year, the Republican vowed to tackle a slew of culture war issues, promising to fight the “woke politics” of “left-wing” banks and touting how he used his position to enact a regulation targeting those financial firms.
Ashcroft also said candidates shouldn’t focus on issues that let the one percent “force their beliefs on 99 percent of the population.”
The emails not only reveal FGA’s influence over Ashcroft, they offer a snapshot of the group’s growing influence across the country, particularly in red states. And that influence can carry a high cost for workers and taxpayers.
The “anti-woke” investment measures have cost states hundreds of millions of dollars in additional investment fees and can lead to smaller returns for public employee retirement plans. One study estimated a 2021 Texas law would cost taxpayers up to $500 million in higher interest rates just on bonds sold in the first eight months after the law passed. Another study calculated that the law cost local governments $270 million a year in added fees, resulting in an annual $668 million in lost economic activity and thousands of full-time jobs.
Read more: https://edition.cnn.com/2024/03/17/politics/dark-money-fga-ashcroft-invs/index.html
Sunday, 1:55 AM. Good day and time to bury a story
Updated link, apologies
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