State Republicans Question Lamont’s Push to Use Pension Funds for Investment in Connecticut Sun
Connecticut Republicans advocate for a board to oversee fiduciary duties amid talks of state pension fund investment in the WNBA team, aiming to increase transparency and accountability.
7 Articles
7 Articles
CT GOP asks state to rethink Treasurer's Office amidst Sun deal
Republican lawmakers held a press conference today demanding that Gov. Ned Lamont provide greater transparency regarding state officials’ recent exploration of investing pension funds into the Connecticut Sun, the state’s WNBA team. They posed these discussions as being indicative of a larger issue: a lack of meaningful oversight of the State’s Treasurer’s Office, who is the sole asset manager of state employee pension funds. “Connecticut is one…
Top state Republicans concerned about potential CT Sun investment
House GOP Republican Leader Vincent Candelora sits with Senate Minority Leader Stephen Harding.(Molly Ingram / WSHU )Connecticut’s top Republicans are concerned about the state potentially getting financially involved with the future of the Connecticut Sun.Connecticut Gov. Ned Lamont (D) met with officials from the Mohegan Tribe, which owns the team, on Wednesday. Lamont has said offhand that he’s open to using money from the state pension funds…
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