Latest
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Pension Reform News: ESG divestment lawsuit, fiduciary principles, and more
Plus: North Dakota's landmark pension reform, potential increased costs in Alaska, and more.
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Californians are paying high gas taxes for bad roads
California’s roads and bridges rank 47th out of 50 states overall in cost-effectiveness, safety, and condition.
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New York pension systems sued for politicizing public pension investments
The New York City Employees' Retirement System, the Teachers' Retirement System, and the Board of Education Retirement System divested roughly $4 billion in fossil fuel investments.
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Modern oral nicotine and tobacco harm reduction
Oral nicotine or nicotine pouches have gained increasing popularity among smokers wishing to switch to a safer form of nicotine.
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Brooke Henderson, et al. v. School District of Springfield R-12, et al.
To avoid hollowing out both section 1983 and section 1988, this court should reverse the district court’s order.
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The Senate’s Railway Safety Act won’t improve rail safety
This is a sloppily written piece of legislation that is destined to fail to achieve its stated goal of improving safety.
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North Carolina needs to fix its education funding formula
North Carolina’s education funding formula is confusing for everyone and prioritizes funding for school districts that least need it.
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Vanguard’s shift away from ESG fits with its focus on low fees
“Our research indicates that ESG investing does not have any advantage over broad-based investing.”
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South Carolina reduces occupational licensing barriers for people with criminal records
Several studies have linked occupational licensing policies to increased criminal recidivism.
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New York Gov. Hochul should learn from failed tobacco bans
The governor appears to be testing support for a complete ban on all tobacco products.
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Testimony: Congress shouldn’t hamper freight rail’s ability to utilize new technologies
Policymakers should ensure the development and deployment of transportation and logistics automation technologies are not encumbered by obsolete or counterproductive regulations.
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Fiduciary principles need to be reaffirmed and strengthened in public pension plans
"The exclusive purpose of investing pension assets must be to provide pension benefits and defray reasonable expenses—nothing else."
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Webinar—Can investing public pension assets to further nonfinancial goals be consistent with fiduciary principles?
The exclusive purpose of investing pension assets must be to provide pension benefits.
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Maine would benefit from automatic expungement of cannabis possession records
Legislative Document 1646 would help mitigate past harms of prohibition by expunging criminal records related to cannabis possession.
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Surface Transportation News: Annual Highway Report, the feasibility of net zero by 2050, and more
Plus: Toll evasion with all-electronic tolling, a national per-mile user fee pilot, and more.
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Oregon’s proposed labor peace mandate violates federal law
Oregon House Bill 3183 could unconstitutionally usurp the exclusive jurisdiction of the National Labor Relations Board to govern private-sector labor relations.
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The trucking industry is increasingly examining mileage-based user fee options
The trucking industry has begun to acknowledge the impending decline of fuel-tax revenues.
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California legislature shouldn’t politicize or micromanage public pension investments
CalPERS and CalSTRS must be allowed to focus on their mission of fulfilling the retirement benefits promised to workers.
