COLUMBIA — South Carolina Treasurer Curtis Loftis is set to defend himself on the Senate floor today against claims he misled lawmakers about his role in a multi-billion dollar accounting error that landed the state's finances under federal investigation.

South Carolina senators will hold a hearing Monday to decide whether Treasurer Curtis Loftis should lose his job over his office’s involvement in a $1.8 billion accounting error. A panel investigating the error recommended last month that Loftis be removed for willful neglect after a private audit determined that much of