US EditionSouth Carolina treasurer to face senators in removal hearing
- The Senate hearing began at noon and was the result of over a year of investigations into Curtis Loftis' management of the state treasury and an alleged cover-up of $1.8 billion in incorrect ledger entries.
- After nearly 10 hours, the state Senate voted 33-8 to recommend the removal of Curtis Loftis from office.
- Loftis defended himself against allegations, claiming that the allegations were politically motivated and blaming the comptroller general's office as well as Senators Larry Grooms and Stephen Goldfinch.
- A report indicated that most of the $1.8 billion was not real cash and resulted from accountants attempting to balance unbalanced entries in the state treasury's accounts.
32 Articles
32 Articles
SC Senate votes to remove treasurer after $2 billion accounting error
CHARLOTTE (QUEEN CITY NEWS) — The South Carolina Senate voted 33-8 Monday night to remove Curtis Loftis from his position. Next is a vote in the state House. Chief Legal Analyst Khalif Rhodes explains what's at stake if Loftis is removed and any possible legal fallout. Queen City News Continued Coverage South Carolina Senate votes to remove state Treasurer Curtis Loft…
SC Senate votes to remove state treasurer over $1.8B accounting error • SC Daily Gazette
South Carolina Treasurer Curtis Loftis defends himself during an eight-hour hearing in the state Senate Monday, April 21, 2025, amid efforts to remove the Republican from office. (Screenshot of SCETV legislative livestream.)COLUMBIA — The South Carolina Senate voted late Monday to remove state Treasurer Curtis Loftis from office for his role in a $1.8 billion accounting error that went unreported for nearly a decade. By a vote of 33 to 8, with f…
The Daily Advance
South Carolina Senate votes to remove state treasurer over $1.8B accounting error
COLUMBIA, S.C. (AP) — South Carolina's Republican-dominated Senate voted 33-8 on Monday to kick the Republican treasurer out of office over a $1.8 billion accounting error.
Associated Press News
South Carolina Senate seek at hearing to remove state treasurer over $1.8B accounting error
South Carolina’s Republican-dominated Senate voted 33-8 on Monday to kick the Republican treasurer out of office over a $1.8 billion accounting error.
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