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. The governors will lead “state-level” initiatives to protect “Americans’ financial freedom” by allocating state funds accordingly.
Read the full story