Senator Stedman Introduces Legislation to Address the Fiduciary Failure of CBR Investments with DigitalBridge
JUNEAU, AK — Wednesday, Senate Finance Co-Chair Bert Stedman (R-Sitka) introduced Senate Bill 221 to prohibit investments in or do business with DigitalBridge Group, Inc. or its affiliates. The bill addresses concerns outlined in an independent review by WilmerHale of a $75 million investment from the Constitutional Budget Reserve Fund (CBR) by former Department of […]