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Posted on 07/28/2022 7:29:06 AM PDT by Altura Ct.
The Florida State Pension System will now be under a "flat ban" against incorporating the globalist ESG platform into its investments, Gov. Ron DeSantis announced on Fox News Wednesday.
DeSantis told "Tucker Carlson Tonight" the proponents of ESG – which places what its supporters say are environmentally-necessary regulations – like to "wiggle around" definitions and verbiage to supersede the purely fiduciary responsibilities of fund managers.
"It's basically a way for [ESG proponents] to do politics," the Republican governor said. "So we're going to make sure that that fiduciary duty is defined very clearly and that they stick to that. We also want to provide protections for people in the financial marketplace from being discriminated against based on ideology."
DeSantis said some Wall Street banks are already inserting their politics in their investments in other ways – discriminating against contractors unfriendly to unfettered immigration or those firms who invest in firearms manufacturers while Democrats seek to pass gun control laws opponents say infringe on the Second Amendment.
(Excerpt) Read more at msn.com ...
The Federal Government is going to require all exchange traded companies on US exchanges have ESG scores. And they will set the criteria for the scores.
Awesome
How about a little experiment? No ESG in the US at all. The rest of the world can take their chances. I already know who comes out on top.
Attack, attack attack!
No one has ever won a war by playing 100% defense.
He’ll be a great POTUS someday.
This is important and we are seeing republican States do more of this.
When it comes to subjects like traditional energy production, this banding together and supporting like minded entities is the path forward - and it will be profitable to investors/lenders….The democrats are politically targeting us under the cover of ESG
I guess I am supposed to know what the ESG acronym means?
The federal government does not control where/how states spend/put their pension monies.
Environmental, Social and Government.
I love him
Something tells me this is damn important.
DeSantis is addressing AND taking action on some very important issues, good for him.
Trump / Desantis 2024.
It's what banks and others are using to promote "woke" culture, promote globalist marxism and to destroy those that don't adhere.
It's the WEF, IMF, UN globalists iron fist of totalitarianism in a velvet glove.
Don't support anti White racism, gun control, the homo agenda, the "green" movement?
No soup for you!
Something tells me this is damn unconstitutional.
WEF maybe the one world government identified in Revelation.
I love this guy.
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