CalPers CIO on the Hotseat for Communist China Military Ties || Feb 18 2020

February 13, 2020
By Alexandra Alper
WASHINGTON (Reuters) – A U.S. Republican lawmaker on Wednesday urged California to fire the chief investment officer of its public pension fund, the nation’s largest, citing what he called the CIO’s “long and cozy” relationship with Beijing, and assailed the fund’s investments in Chinese companies.

In a letter to California Governor Gavin Newsom, U.S. Representative Jim Banks of Indiana said Yu Ben Meng, the CIO of California Public Employees’ Retirement System (CalPERS), should at least be investigated.

 

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U.S. lawmaker calls for ouster of CalPERS CIO over China ties: letter