Ron DeSantis To Lead 18 States In Alliance Against ‘Woke’ Investing

Florida Gov. Ron DeSantis is leading an 18-state alliance to combat “woke” environmental, social and governance (ESG) investment policies. The alliance, formally announced Thursday, comes after President Joe Biden vowed to veto an anti-ESG bill that intended to roll back a Department of Labor rule allowing pension and retirement fund managers to weigh ESG factors when determining investments, according to a press release. The governors will lead “state-level” initiatives to protect “Americans’ financial freedom” by allocating state funds accordingly. “Florida has emerged as America’s economic engine, with an unemployment rate...