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Many SC voters favor bigger state reserves. Will they approve it this year?
By RICK BRUNDRETT South Carolina voters in November will decide whether to approve constitutional amendments to increase the state’s two “rainy-day” funds, though a just-released poll casts doubt on their passage. The statewide poll by the South Carolina Policy Council – The Nerve’s parent organization – found that a plurality... -
SC joins national battles over ESG power plays
By RICK BRUNDRETT South Carolina is among a group of states investigating a major investment management and ratings company for potential violations connected to liberal environmental, social and governance (ESG) activities, The Nerve has confirmed. Last week, Missouri Attorney General Eric Schmitt announced that 18 other state attorneys general had... -
Scott pushes unspent covid funds for school choice options
By RICK BRUNDRETT More than a year after the federal government’s $1.9 trillion coronavirus-relief plan became law, South Carolina’s public school districts have spent relatively little of their share of the money, state records show. U.S. Sen. Tim Scott believes lower-income parents nationwide should be able to use the unspent... -
Short-term rental owners, managers worry about discrimination
By RICK BRUNDRETT Editor’s note: Today’s story is the second of two initial articles on short-term rentals in South Carolina. The other story can be found here. Update: The city of Columbia’s ad hoc committee on short-term rentals is set to meet again on Sept. 29, according to city clerk Erika Hammond. Meanwhile,... -
Property rights at center of battles over short-term rentals
By RICK BRUNDRETT Editor’s note: The Nerve today is featuring the first of two initial stories on short-term rentals in South Carolina. With South Carolina’s tourism season in full swing, many summer visitors are looking for short-term rentals through popular sites such as Airbnb and Vrbo. As of May, there were... -
Voters back school choice bill. Can lawmakers get it across the finish line?
By RICK BRUNDRETT S.C. residents generally support using public money to allow children to attend private schools, a South Carolina Policy Council poll shows – and a key negotiator on a related school-choice bill says he’s pushing to get it passed. It remains to be seen whether the Republican-dominated, 46-member... -
Compromise bill reflects SCPC poll results on tax relief
By RICK BRUNDRETT Just days before a legislative conference committee approved a compromise tax-cut bill, South Carolinians expressed strong support for tax relief in a poll released by the South Carolina Policy Council – The Nerve’s parent organization. Contacted last week by The Nerve before the deal was announced, several senators who... -
Feds pushing liberal investment schemes in local government, business sectors
By RICK BRUNDRETT The Biden administration and Democratic-controlled U.S. House collectively have been focusing on local municipalities, publicly traded companies and private retirement plans to promote the environmental, social and governance movement that is popular among liberal groups, records show. Republican state and federal officials in South Carolina are opposing... -
Critics fear ESG factors could diminish state pension investments
By RICK BRUNDRETT Two major investment management firms that handle a large chunk of South Carolina’s pension plan for state retirees are big proponents of the controversial environmental, social and governance (ESG) movement, The Nerve found in a review of pension and other records. Of the approximately $39 billion market... -
Serious business: How ESG mandates can hurt small SC firms
By RICK BRUNDRETT In a letter last year to Cromer Food Services, one of the Anderson-based company’s hundreds of customers – a foreign-headquartered corporation – said it was drafting a “Business Partner Code of Conduct that expresses all our essential requirements for sustainable cooperation.” The letter asked the company to...