Texas money management leaders are stepping up to adamantly oppose the ‘bathroom bill’ – Senate Bill 6 – which would prevent trans or gender-queer folks from using the restroom of their chosen gender identity.
“[We] are writing to you out of our strong belief that equality, diversity, and inclusiveness are fundamental elements of a successful workplace, community, and capital markets system,” the letter says.
Collectively, the 40 executives that authored the letter manage more than $11 trillion in assets, so if they’re saying discrimination is bad for business maybe legislators need to think again about Bill 6. That and discrimination is just not ok, ever.
The letter goes on to say that “bills that deliberately limit the human rights of LGBT people are not only unjustified and unfair, but may have troubling financial implications for the business and investment climate in states, including in Texas.”
Big ups to Trillium Asset Management, Breckenridge Capital Advisors and all of the organizations behind this effort. We’re hoping that Governor Greg Abbott, Lieutenant Governor Dan Patrick, and Speaker Joe Straus are hearing the majority on this one, and will send 6 packin’.
