California public pension fund invested in blacklisted Chinese companies: congressman

Rep. Jim Banks, R-Ind., joined "Mornings with Maria" to explain why he wrote a letter to California Gov. Gavin Newsom highlighting his concerns about the state public pension fund's chief investment officer having ties to China. The fund has invested $3.1 billion in Chinese companies, some of which have been blacklisted by the U.S. government, Banks told FOX Business' Maria Bartiromo.-- More...

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