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South Carolina’s state funds will no longer be tied to Disney as Republicans blast the company for pulling ads from X, the platform formerly known as Twitter.

3411135

WCBD

Charleston

Charleston County

South Carolina

United States

S.C. Treasurer pulls Disney from state investment list

South Carolina will divest its $105 million investment portfolio from the "happiest place on Earth" in the latest move by Republican officials against what they call Disney's woke liberal agenda.

Ad Fontes Media

All Sides

Media Bias/Fact Check

Washington Times

The Washington Times LLC

South Carolina hopes Disney divestment sparks wave of states to combat woke agenda

The Cinderella Castle is seen at the Magic Kingdom at Walt Disney World Friday, July 14, 2023, in Lake Buena Vista, Fla.            (AP Photo/John Raoux)   South Carolina announces state is divesting from Disney over Twitter spat             Zachary Halaschak     December 05, 06:27 PM December 05, 06:27 PM             Video Embed  South Carolina’s state funds will no longer be tied to Disney as Republicans blast the company for pulling ads from …

Washington Examiner

Philip Anschutz

Washington

District of Columbia

South Carolina announces state is divesting from Disney over Twitter spat

'Disney has abandoned its fiduciary responsibilities to its investors,' says South Carolina State Treasurer Curtis Loftis.

The Epoch Times

Epoch Media Group

New York

South Carolina Divests From Disney Over 'Woke' Agenda

Loftis says he predicts other state treasurers will be following in his footsteps and not investing in Disney.

Just the News

South Carolina treasurer removes Disney from state investment list

COLUMBIA, S.C. (WCBD) – The State of South Carolina has stopped investing in The Walt Disney Company after S.C. State Treasurer Curtis Loftis removed the company from the investment list. According to a State Treasurer’s office release, the treasurer’s portfolio contains $105 million in Disney debt instruments that will mature and not be replaced. Treasurer […]

Nexstar Media Group

"Disney has abandoned its fiduciary responsibilities to its investors and customers by joining far-left activists in boycotting legal, taxpaying, employment-creating corporations to further Disney's political agenda."
Conservative lawmakers on the state level have been a wrecking ball this year to the environmental, social, and governance (ESG) investing movement, as well as other ‘woke’ trends, including DEI (diversity, equity, and inclusion) a…

InfoWars

Alex Jones

South Carolina Treasurer Removes Disney From Portfolio Due To “Far-Left Activism”

South Carolina Treasurer Removes Disney From Portfolio Due To "Far-Left Activism" Conservative lawmakers on the state level have been a wrecking ball this year to the environmental, social, and governance (ESG) investing movement, as well as other 'woke' trends, including DEI (diversity, equity, and inclusion) and CRT (critical race theory). South Carolina State Treasurer Curtis Loftis is taking a stand against radically left-leaning mega-corpor…

Zero Hedge

South Carolina Treasurer Removes Disney From Portfolio Due To "Far-Left Activism"

South Carolina State Treasurer Curtis Loftis removed The Walt Disney Company from an approved investment list this week, citing a "structural rot" that has resulted in putting "far-left activism" ahead of fiduciary responsibilities to its investors.  "I think it's clear to anybody paying attention that there's a structural rot inside of Disney. It's deep, it’s pervasive, and I suspect Bob Iger, since his return is the CEO, now realizes it can't …

Fox Business

Murdoch family

South Carolina state treasurer halts Disney investing, says ‘far-left’ activism does not bode well for future

Disney’s move to speak against Florida Gov. Ron DeSantis’ “Don’t Say Gay” bill has sparked backlash from conservative leaders across the country. Now, South Carolina’s treasurer is making a move to outcast Disney, too.

The Herald

Rock Hill

York County

South Carolina treasurer vows to no longer invest in Disney due to ‘far-left activism’

South Carolina announces state is divesting from Disney over Twitter spat

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