May 19, 2026
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4:39Now PlayingIn remarks on a panel at the Consumers' Research Summit in Jan. 2025, the head of the State Financial Officers Foundation, OJ Oleka, made a number of remarks that contradict the group's public stances:
1/ On fiduciary duty, he conceded that he lacked academic research to offer a fiduciary argument for divesting from BlackRock.
2/ On political neutrality, he said, "It depends on what's going on at the time." He then cited UK Prime Minister Neville Chamberlain's appeasement of Hitler as a reason not to stop fighting.
3/ On political neutrality, he said that fighting ESG is "a fight for Western civilization."
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