OKLAHOMA CITY (March 5, 2025) – Oklahoma State Treasurer Todd Russ today emphasized that the America First Investment Policy, issued by President Trump, aligns with Oklahoma’s longstanding efforts to prioritize American and state-based investments. For years, Treasurer Russ and Governor Stitt have worked to strengthen the financial future of Oklahoma by reducing exposure to adversarial foreign interests, particularly Chinese investments, and focusing on U.S. and Oklahoma businesses.

“We have made it no secret that our priority is investing in America—especially in Oklahoma,” said Treasurer Russ. “Governor Stitt and I have already taken the necessary steps to reduce reliance on China in our public funds and the State’s investment portfolio, prioritizing economic security and strengthening industries right here at home.”

“I applaud Treasurer Russ’ efforts to align Oklahoma’s finances with Oklahoma values,” said Governor Stitt. “We are pulling our investments from our adversaries, standing up against ESG and other ideologically driven investing efforts and focusing our investments on the long-term successes of Oklahoma’s key industries. I’m proud to partner with Treasurer Russ to continue to make Oklahoma top ten in everything we do.”

Oklahoma has led the way in manufacturing, aerospace, energy production, and agriculture, ranking among the top states in automotive manufacturing, wind energy, and oil and gas production. The state has also experienced record domestic migration, attracting businesses and individuals looking for economic opportunity and a strong business climate.

With the President’s new executive order directing agencies to ensure investments align with national security and economic priorities, Oklahoma’s approach stands as a model. The State Treasurer’s Office will continue to:

Ensure Oklahoma businesses remain a top investment priority – Supporting industries that drive job creation and long-term economic stability.

Further reduce exposure to adversarial foreign entities – Continuing efforts to eliminate unnecessary risk and align with America’s national security priorities.

Encourage domestic investment growth – Working to create an environment where U.S. and Oklahoma-based businesses thrive.

Promote transparency and accountability – Ensuring Oklahomans know where their money is invested and that their funds support American prosperity.

“We are not waiting for Washington to tell us how to invest our money—we have already made these decisions to benefit Oklahomans,” Treasurer Russ added. “We will continue to champion pro-growth policies that support our workers, our industries, and our state’s economic leadership.”