247: Ed Schafer on State Investment Board, separation of powers drama - podcast episode cover

247: Ed Schafer on State Investment Board, separation of powers drama

Jun 16, 202155 min
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Episode description

Earlier this year North Dakota's lawmakers passed a bill requiring full legislative approval of any interim appropriation of federal money that exceeds $50 million in a biennium. Now lawmakers don't want to follow their own law. Former North Dakota Governor Ed Schafer weighs in on that situation on this episode of Plain Talk Live. Also, there's drama at the State Investment board, with revelations that a consultant, paid by the state to manage its money managers, has also accepted payments from the managers it recommends for hire. Is this pay for play? What steps can the board take to address this situation?

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