Restoring Democracy’s Promise Submits Memorandum to Iowa Ethics and Campaign Disclosure Board on Potential IPERS Conflicts of Interest

FOR IMMEDIATE RELEASE

Nov 08, 2025

Alt text: A dark, cinematic illustration of the Iowa State Capitol under stormy skies, rendered in graphic-novel style. In the foreground, a corroded industrial pipeline leaks black oil onto a desk covered with documents titled “CONFLICTS OF INTEREST.” Faintly engraved on the pipe are the Latin words “GREED INC,” symbolizing corporate greed and corruption. The Capitol’s golden dome glows faintly through smoke, contrasting with the shadows and sepia-toned palette of deep greens, golds, and muted oranges. — **Breaking News: Conflicts of Interest — A symbol of Iowa’s ethical reckoning.** What began as one small act of transparency has rippled all the way to the state ethics board. When light touches the dark, truth becomes contagious.

Today, Restoring Democracy’s Promise formally submitted a memorandum of concern to the Iowa Ethics and Campaign Disclosure Board outlining potential undisclosed conflicts of interest related to investment decisions within the Iowa Public Employees’ Retirement System (IPERS).

This filing follows a series of public-records requests and analyses documenting governance risks in Iowa’s pension oversight system.

The memorandum, also copied to State Auditor Rob Sand, requests an independent review pursuant to Iowa Code §§ 68B.2A and 68B.25, citing fiduciary concerns and recent transparency challenges in accessing public records.

Our newsroom remains committed to advancing accountability and public trust in Iowa’s governance systems.

— Timothy C. Tucker

Executive Editor, Restoring Democracy’s Promise

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