Free Republic

Fifteen state financial officers sent a letter to U.S. banks last week noting $600 billion in assets they pledge to take elsewhere if the financial institutions embrace corporate wokeism and prohibit financing to the fossil fuel industry. Led by West Virginia Republican Treasurer Riley Moore, the group promised “collective action” in the form of an “economic boycott.” “Just as each state represented in this letter is unique in its governing laws and economy, our actions will take different forms,” they wrote in the letter obtained by The Federalist. “However, the overarching objective of our actions will be the same –...

Three top oil producing states run by Republicans were absent from a letter warning Wall Street financiers of consequences over woke capitalism.West Virginia Republican Treasurer Riley Moore led a coalition of 15 states last month highlighting $600 billion in assets they pledged to take from banks that embrace corporate wokeism and refuse to bank equally with fossil fuel companies. “Just as each state represented in this letter is unique in its governing laws and economy, our actions will take different forms,” Moore wrote. “However, the overarching objective of our actions will be the same – to protect our states’ economies,...