West Virginia Republican Treasurer Riley Moore announced Monday the state’s Board of Treasury Investments would no longer be working with BlackRock for banking transactions over the investment firm’s animosity towards fossil fuels and friendliness with Communist China. Continue reading

West Virginia state Treasurer Riley Moore announced Monday that his state would end the use of a BlackRock Inc. investment fund over the firm's push for climate-focused investment strategies that Moore says threaten his state's economy. Continue reading

West Virginia Republican Treasurer Riley Moore led a coalition of 15 states last month highlighting $600 billion in assets they pledged to take from banks that embrace corporate wokeism and refuse to bank equally with fossil fuel companies. Continue reading

Led by West Virginia Treasurer Riley Moore, 16 Republican state financial officers have banded together to fight bank boycotts against the oil and coal industry.  Continue reading

A coalition of financial officers from 15 states sent a letter to the U.S. banking industry on Monday warning they plan to take “collective action” against banks that adopt corporate policies to cut off financing for the coal, oil, and natural gas industries. The group threatens to scrutinize or potentially curtail future business with banks that adopt an “economic boycott” of those industries in a letter obtained exclusively by National Review. Continue reading

Republican West Virginia State Treasurer Riley Moore announced over the weekend that he is leading a coalition of other state treasurers and financial officers in urging the U.S. Senate to reject President Joe Biden’s nominee to be Comptroller of the Currency given her radical remarks and writings. Continue reading

West Virginia state treasurer Riley Moore said that no state should comply with a Biden proposal to force banks to hand over transaction data over $600 to the IRS, which he describes as an 'unconstitutional invasion.'   'The impact this is going to have on community banks, this is like Dodd Frank on steroids,' Moore told DailyMail.com.  Moore said big banks who supported Biden would be the beneficiaries of the proposal.  Continue reading

The number of GOP-led states which assert they will not comply with the Biden administration proposal — which would force banks to hand over the aggregate transaction data for accounts with over $600 to the IRS — is starting to mushroom. Continue reading

Over a dozen Republican state treasurers sent a clear message to financial institutions Tuesday, threatening to pull their assets if they “de-bank” fossil fuel firms. John Kerry, the Special Presidential Envoy for Climate, is leading the Biden administration to push banks to help reduce the carbon emission in the United States, according to Axios. This has also been criticized by the Senate Republican lawmakers on the Banking Committee. All the Republicans already sent a letter to stop pressuring banks to make energy-related lending commitments. Continue reading

More than a dozen Republican state treasurers are threatening to pull assets from large financial institutions if they agree to decarbonize their lending and investment portfolios, Axios has learned. Why it matters: The Biden administration — led by special presidential climate envoy John Kerry — has leaned on the banks to help reduce U.S. carbon emissions. That's prompted GOP lawmakers to criticize efforts to "de-bank" fossil fuel firms. The treasurers collectively control hundreds of billions worth of assets. Fifteen of them, led by coal-heavy West Virginia, say they're prepared to use this financial muscle to push back. The effort includes treasurers from other states with large energy industry presences such as North Dakota, Kentucky, Pennsylvania and Oklahoma. Continue reading