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State Treasurer Shawn Wooden said that Connecticut is on track to end fiscal year 2021 with a $157 million surplus, as well as a historically high rainy day fund balance of nearly $4.38 billion.
The policy would result in the divesture of $30 million in Connecticut pension funds from five publicly-traded companies.
“This idea that there is a never-ending market for gaming is totally false," said Libertarian Party candidate Rod Hanscomb in his rejection of the MGM Bridgeport proposal.
A $200 million investment has helped create the New York Credit Small Business Investment Company Fund, which will deliver returns to the state pension fund.
The Connecticut Treasurer's office is reviewing the state's pension fund to evaluate any investment exposure to gun manufacturers and to retailers and other gun distributors.