South Carolina Treasurer Curtis Loftis says calls for him to resign over an accounting error that left the state sorting out what happened to a $1.8 billion fund amounted to a witch hunt
We can’t allow a treasurer to be pushed out because of other people’s failures” South Carolina Treasurer Loftis told a House Ways and Means panel.
The South Carolina Treasurer defended his actions to a House committee Wednesday, amid calls for his resignation.
SC needs leaders who prioritize public service over ego, and financial system managed by professionals committed to transparency, accountability and public good
The South Carolina Treasurer defended his actions to a House committee Wednesday, amid calls for his resignation.
“The money is not safe with Curtis Loftis,” Bauer said Thursday morning ... A spokesperson for the Treasurer’s Office said, “The people of South Carolina have elected Treasurer Loftis four times and appreciate his commitment to manage, invest ...
As lawmakers expressed their outrage over the accounting error, State Auditor George Kennedy announced his resignation.
Representative Heather Baur will hold a press conference on Thursday to discuss the filing of articles of impeachment forTreasurer Curtis Loftis.The press conf
The results of the audit found that $1.6 billion of the $1.8 billion believed to have existed was the "result of incorrect journal entries."
This comes after an independent forensic audit determined an accounting error was responsible for nearly $2 billion mysteriously sitting in South Carolina’s bank account.
Statehouse reporters Gavin Jackson, Russ McKinney and Maayan Schechter are back at the Capitol reporting what you need to know when lawmakers are in Columbia. They'll post news, important schedules, photos/videos and behind-the-scenes interviews with policymakers.
S.C. Treasurer Curtis Loftis on Tuesday, April 2 ... COLUMBIA — In the wake of a report that South Carolina’s financial leaders allowed a $1.8 billion accounting blunder to linger on the state’s ledger for nearly a decade, one House Democrat is ...