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South Carolina House won't try to remove Treasurer Curtis Lofits from office this year

  • On April 21, 2025, South Carolina held a Senate hearing in Columbia regarding Treasurer Curtis Loftis and a phantom $1.8 billion account.
  • The hearing and resolution followed over two years of investigation into accounting errors that exaggerated state funds by $3.5 billion.
  • The Senate approved Loftis's removal with a 33-8 vote due to his failure to disclose the phantom account, but the Republican-led House chose not to consider the measure before the session concluded on May 8.
  • House Speaker Murrell Smith explained that the session will adjourn before there is an opportunity to address the issue, allowing Loftis to seek a fifth term in the 2026 election.
  • This decision pauses Loftis' removal, indicates ongoing political debate, and keeps the resolution alive when lawmakers return in 2026.
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Daily News-RecordDaily News-Record
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South Carolina treasurer appears to survive attempt to kick him out of office

Republican South Carolina Treasurer Curtis Loftis appears likely to stay in office for at least the rest of the year. The Republican-dominated House has decided not to take up a resolution passed by the Senate to kick Loftis out of…

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  • 56% of the sources are Center
56% Center
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The Post and Courier broke the news in Charleston, United States on Tuesday, April 29, 2025.
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