Republican Florida Gov. Ron DeSantis launched a new initiative with 18 other states on Thursday to fight back against President Joe Biden’s woke environmental, social, corporate governance (ESG) agenda.
The other states that are joining the effort include Alabama, Alaska, Arkansas, Georgia, Idaho, Iowa, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, South Dakota, Tennessee, Vermont, West Virginia, and Wyoming.
A press release from the governor’s office said that ESG was “destabilizing the American economy and the global financial system.” The effort comes after Congress passed legislation to keep politics out of the retirement funds of American citizens, an effort that Biden opposed.
“We as freedom loving states can work together and leverage our state pension funds to force change in how major asset managers invest the money of hardworking Americans, ensuring corporations are focused on maximizing shareholder value, rather than the…
