May 18, 2024

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Oklahoma adds Barclays to list of banned muni underwriters

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Oklahoma adds Barclays to list of banned muni underwriters

Oklahoma’s list of investment banks determined to be “boycotting” the fossil fuel industry expanded with the addition of Barclays, making it ineligible for state and local government contracts, State Treasurer Todd Russ announced Friday. 

Barclays joins passed the Senate in a 42-1 February vote, but fell short of passage in the House in a 40-44 vote on April 25.