SEN. HURTADO SOUNDS ALARM ON POSSIBLE DROUGHT PROFITEERING BY INVESTORS

State Sen. Melissa Hurtado (D-Sanger) has joined forces with a colleague to call on the feds to investigate potential drought profiteering by corporate investors in the Western U.S.

Hurtado and Sen. Dave Cortese (D-San Jose) have sent a letter to U.S. Attorney General Merrick Garland with concerns about “the increasing amount of water rights being purchased by hedge funds, their potential anti-competitive practices and the devastating impact that could have on our water security,” according to a news release

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