Order Reinforces Fiduciary Discipline

Oklahoma State Treasurer Todd Russ said today that the newly issued Executive Order on Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors reflects concerns Oklahoma has raised and acted on for years regarding the growing influence of proxy advisory firms that operate outside traditional fiduciary standards.

For Oklahoma, this is not a new conversation,” Treasurer Russ said. “We have been clear and consistent: investment decisions must be driven by financial returns and fiduciary duty, not political ideology, foreign influence, or outsourced voting decisions that do not serve retirees or taxpayers.”

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Diseased Deer Found Near OK Border

A white-tailed deer in southwestern Arkansas within four miles of the Oklahoma border has tested positive for chronic wasting disease (CWD). Although not inside of Oklahoma borders, due to the proximity, the Oklahoma Department of Wildlife Conservation (ODWC) announced late this afternoon that it has activated the next stage of the CWD Response Plan jointly produced with the Oklahoma Department of Agriculture, Food and Forestry.

“With the ability of deer to easily travel many miles in a day, the CWD Response Plan dictates that we respond to this finding as if it were found in Oklahoma” said Joey McAllister, Wildlife Programs Supervisor with ODWC. “We will be working through our response plan, and our ultimate goal is to ensure healthy and well-managed deer with as little impact to either the resource or our constituents as possible.” 

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Former Tulsa Youth Pastor Indicted

The Oklahoma Multi-County Grand Jury has indicted former pastor Joseph Lyle Campbell, 68, on one count of first-degree rape and one count of lewd or indecent acts to a child under 16. The indictment, announced by Attorney General Gentner Drummond, alleges the crimes occurred in 1984 while Campbell was the youth pastor at the Eastland Assembly of God Church in Tulsa.

Joseph Lyle Campbell
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Sen. Lankford on Obamacare Fraud

“Well, that’s a problem.”

US Senator James Lankford (R-OK), Chairman of the Border Management, Federal Workforce, and Regulatory Affairs Subcommittee of the Homeland Security and Governmental Affairs Committee (HSGAC), yesterday highlighted findings from the Government Accountability Office (GAO) during a hearing examining high-risk and fragmented federal programs that undermine fiscal responsibility. The hearing focused in part on GAO’s investigative work uncovering identity verification failures in the so-called Affordable Care Act’s federal health insurance marketplace.

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States’ Elder Abuse Report

The elderly population, who often rely on a fixed income, are particularly vulnerable to financial, emotional, and physical abuse. To shed light on this important issue, the personal finance company WalletHub today released its annual report on the States with the Best Elder-Abuse Protections.

WalletHub compared the 50 states and the District of Columbia based on 16 key indicators of elder-abuse protection. The data set ranges from each state’s share of all elder abuse complaints to their laws concerning financial elder abuse.

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