Russian Invasion of Ukraine Cost Texas Permanent School Fund $246 Million

In yet another failure of Texas politicians (I’m looking at you, Ted Cruz and Greg Abbott), the Texas Permanent School Fund’s Russian assets have lost nearly all of their $260 million value, leaving it with a paltry $14 million. This comes after losses to assets in the fund attributed to the Russian invasion of Ukraine.… Continue reading Russian Invasion of Ukraine Cost Texas Permanent School Fund $246 Million