Global Investors Warn Texas to Withdraw Transgender Restroom Legislation
AUSTIN, Texas (Reuters) – A group of global investors with $11 trillion in managed assets told Texas on Tuesday not to enact legislation restricting access to bathrooms for transgender people, saying it is discriminatory and bad for business.
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“The bathroom bill was bad for North Carolina and it will be very bad for Texas,” New York City Comptroller Scott Stringer, a Democrat, told a teleconference, adding it was the first time investors of this size opposed the legislation.