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The former head of Oklahoma’s largest public employee association has filed a lawsuit challenging the state’s anti-ESG law as unconstitutional and harmful to state pensions for government employees.

A bank employee association said it was deeply shocked by the potential consequences from the deal to save the 167-year-old Credit Suisse after customer and market confidence in the lender evaporated.

The employee association also cited salary cuts in the range of 40-50% between April and July last year due to distress at Future, the country's second-largest retailer, whose businesses were hit hard by the COVID-19 pandemic.

“This is the first time in which government planning,” the employee association said, “does not contemplate the Indigenous rights guaranteed by the Constitution.”

Casey Judd, president of the Federal Wildland Fire Service Assn., an employee association representing federal firefighters, said the government has downplayed the effect of the shutdown.