treasurer riley moore. it's great to have you thanks for being with us. with regard to blackrock. >> maria thank you so much for having me on to discuss this important topic. yes, the ties with china and blackrock are completely troubling to every citizen in west virginia. there is hypocrisy in this. china is building at 50 5a brand-new cold fire power prints were black rock is heavily invested. meanwhile coal is okay in china, but bad in america? we need to be putting america first. we are going to continue to stand up and fight against it. maria: you make a great point. you are putting your money where your mouth is. you aren't managing the states roughly $8 billion in operating funds. how big of a cut is this to blackrock? you were using a lot of their funds in order to invest in different parts of the market, right? nice they are not going to do that anymore. >> that is corrected. we are not going to use blackrock any longer. we had an inflow and outflow into one of their liquidity funds of about one and a half a billion dollars. we haven't moved in a

riley moore, west virginia state treasurer, joins me now. mr. moore, good to see you tonight.tes doing things like this? there was a big move to divest from south africa, apartheid south africa in the 1980s. where is the move to decouple and divest from china? >> laura, thank you so much for having me on to speak to you and your audience about this important issue. what we are doing here is we are divesting from blackrock because they aren't investing from us. and here in west virginia, we aren't energy energy state. that is what blackrock is diametrically opposed to. we are not going to pay blackrock to destroy our industry. secondarily, blackrock is doing tons of business in china. china is currently building 55 brand-new coal-fired power plants, so call is okay in china but not in america? i think that is absolutely wrong. we need to put america first, and i'm going to stand up and fight for it. >> laura: i applaud your efforts. to play devil's advocate here, what do you say to people who say, this is the role of the government, the federal government should have the same r

riley,y more west virginia state treasurer joins me now. mr.e moore, good to see you g tonight . nowoo why aren't more states doing things like this ? i mean, there was a big move to divest from south africa. the apartheid south africa. in the 1980s. where ise the move to decouple and divest from china? laura , thank you so much for having me on to speak to you and your audience about the important issue. you know, what we're doing herer is we'ree divesting from blackrock because they're divesting from us f and here in west virginia, you know, we are an energy state. we produce coal and gas and that is what blackrock is diametrically opposed to. and we're not going to do business with people that don't want to do business with us. we're not going to pay blackrock to destroy our industry. secondarily, blackrock is doing tons of business in china. china is currently building 55 brand new coal fired powerka plants. so coal isn okay in china but not in america. i think that'sol absolutely wroe and we n need to put america now where he is and i'm not going to stand up and i'm going u