Red state treasurer reveals why state financial officers have 'obligation' to combat ESG, DEI

EXCLUSIVE: As Republican state financial officers across the country move to rid the government of diversity, equity and inclusion (DEI) and environmental, social  and governance (ESG), Fox News Digital spoke to Utah’s state treasurer about the importance of bringing meritocracy and fiduciary responsibility back to markets and investments. 

"ESG introduces another motive or another motivation to address societal issues through the capital markets or through investment, and when you do that, you violate the fiduciary standards that all of us as financial officers are committed to," Utah State Treasurer Marlo Oaks told Fox News Digital at the State Financial Officers Foundation conference in Orlando, Florida. 

"And, so, because of that dual mandate, you really have problems when you're managing money for other people. If a single person wants to do it or a...