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State Treasurers Stand Up to the Big 3 Rating Agencies for Punishing Oil-Friendly States with Green-Activist ESG

Twenty-two state financial officers demanded answers Wednesday from America’s largest credit rating agencies over allegedly flawed environmental, social and governance (ESG) policies they warn could threaten taxpayer money, public pensions and state borrowing costs. The officials, representing 17 states, accused S&P Global Ratings, Moody’s and Fitch Ratings of allowing politically...

Twenty-two state financial officers demanded answers Wednesday from America’s largest credit rating agencies over allegedly flawed environmental, social and governance (ESG) policies they warn could threaten taxpayer money, public pensions and state borrowing costs. The officials, representing 17 states, accused S&P Global Ratings, Moody’s and Fitch Ratings of allowing politically…

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