House Speaker Murrell Smith has pledged investigations into South Carolina Treasurer Curtis Loftis' handling of a $1.8 billion accounting error made by his office that was allowed to fester for years.

Representative Heather Baur will hold a press conference on Thursday to discuss the filing of articles of impeachment forTreasurer Curtis Loftis.The press conf

Statehouse leaders are calling for the resignation or impeachment of state Treasurer Curtis Loftis over a $1.8 billion blunder that remained on the state's ledger for nearly a decade.

South Carolina’s mysterious $1.8 billion in a bank account doesn’t exist. That’s the answer to the nearly year-long questions of “Where did this money come from” and “Who does it belong to?” State Treasurer Curtis Loftis says he’s accounted for every single cent.

In the wake of a report that South Carolina’s financial leaders allowed a $1.8 accounting blunder to linger on the state’s ledger for nearly a decade, one House Democrat is calling for the impeachment of state Treasurer Curtis Loftis.

An independent forensic audit has unveiled a $1.8 billion accounting oversight in South Carolina's state funds, dispelling hopes of a financial windfall. This discovery, rooted in past errors and compounded over years,

COLUMBIA, S.C. — An audit of South Carolina's state finances finds that the puzzling $1.8 billion account mostly never existed in the first place.

Statehouse reporters Gavin Jackson, Russ McKinney and Maayan Schechter are back at the Capitol reporting what you need to know when lawmakers are in Columbia. They'll post news, important schedules, photos/videos and behind-the-scenes interviews with policymakers.

I think it’s important to note, this is not any fraud, this is not a misrepresentation, that this is just incompetence, in errors that have occurred over a period of time,” SC House Speaker Murrell Smith said.

Opinions are split at the South Carolina State House over what consequences should result from a report one top lawmaker says displays “incompetence.”

Opinions at the South Carolina State House are split on what consequences should come from a report one top lawmaker said displays “incompetence” within the state’s financial system.