U.S. Congressman Calls for CalPERS CIO to Leave over National Security Concerns

Posted on 02/14/2020


U.S. Representative Jim Bank from Indiana’s third district in a letter requested that California Governor Gavin Newsome fire the Chief Investment Officer of the California Public Employees’ Retirement System (CalPERS) – Yu Ben Meng. The Congressman alleges Meng has a “long and cozy” relationship with China and complained about the pension fund’s investments into China. […]