Noem Asking For Immediate Review Of State Investments For Connections To Combative Companies

Noem Asking For Immediate Review Of State Investments For Connections To Combative Companies

PIERRE — South Dakota Governor Kristi Noem is calling for an immediate review of all investments under the control of the South Dakota Investment Council in order to determine if taxpayer dollars are being invested in companies that pose a threat to national security, like those based in China. She challenged the Investment Council to complete the review in 7 days.
Investment Council Board member, State Treasurer Josh Haeder says they have the same concerns…

Haeder says state investment officer Matt Clark will lead the effort…

Haeder says Clark has the experience to winnow out problematic investments…

The Investment Council oversees about twenty billion dollars in assets.