South Carolina Treasurer Curtis Loftis faces removal calls over a $1.8 billion accounting error.

South Carolina Treasurer Curtis Loftis faces calls for his removal after a Senate subcommittee report highlighted a $1.8 billion accounting error, accusing him of incompetence and violating state trust. Loftis, who has been in office since 2002, denies the allegations, calling them politically motivated and insists there was no loss of taxpayer funds. The controversy stems from an error made almost a decade ago during a system switch, and it has sparked discussions about potential reforms in the state's financial systems.