On Monday, we reported that the State Funding Board could handle our Legacy and pension fund investments in China at its month-to-month assembly on Friday.
However the concern has already spilled over into one in all our state Senate elections heating up in western North Dakota.
Within the District 37 Senate race in Dickinson, Impartial candidate Dr. Shelley Lenz has challenged her Republican opponent, Dean Rummel, to hitch her in calling on the SIB to divest from controversial Chinese language firms.
“The State Funding Board should have been asleep on the wheel, however they’ve identified about this for no less than a yr and a half or two years, that we’ve North Dakota’s cash invested in China and Russia. So, it looks as if it’s all coming to a head, however actually it’s as a result of it’s time for a united message to say, let’s deliver that cash again into North Dakota and let’s not help murderous regimes,” mentioned Lenz.
KX Information has reached out to Rummel a number of occasions however he has declined to do an interview.
We all know the place the voters stand on our Legacy Fund investments due to a survey carried out displaying that by a 10-1 margin North Dakotans need the Legacy Fund to be invested in North Dakota. And, by an 8-1 margin, they need North Dakota monetary professionals to speculate our tax {dollars} quite than out-of-state or Wall Road consultants.
As we head into this election season, the controversy is underway.