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.
After calling it premature in April, columnist Matthew T. Hall argues an accounting scandal and a Securities and Exchange Commission investigation are too big for Loftis not to leave now.
SC needs leaders who prioritize public service over ego, and financial system managed by professionals committed to transparency, accountability and public good
SC Treasurer Curtis Loftis says transparency is the cornerstone of his administration, and he's been unfairly criticized over existence of $1.8 billion
The South Carolina Treasurer defended his actions to a House committee Wednesday, amid calls for his resignation.
Statehouse leaders are calling for the resignation or impeachment of state Treasurer Curtis Loftis over a $1.8 billion blunder that remained on the state's ledger for nearly a decade.
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.
COLUMBIA, S.C. — It turns out that $1.8 billion in South Carolina state funds weren ... and should the elected state treasurer, Curtis Loftis, step down or be impeached.
South Carolina Treasurer Curtis Loftis said Wednesday that calls for him to resign over an accounting error that left the state trying to figure out what happened to a $1.8 billion fund amounted to a witch hunt.
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.
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