Florida Gov. Ron DeSantis is leading a coalition of governors from 18 states that have pledged to fight the Biden administration’s environmental, social and corporate governance agenda.
The governors said Biden’s investment agenda is a “decision to jeopardize retirement savings for millions of Americans to promote far left priorities.”
Joining DeSantis are the governors of Alabama, Alaska, Arkansas, Georgia, Idaho, Iowa, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, South Dakota, Tennessee, Utah, West Virginia and Wyoming.
The coalition argues President Joe Biden’s ESG agenda is “destabilizing the American economy and the global financial system.”
“At my direction, Florida has led the way in combating the pernicious effects of the ESG regime by directing our state pension fund managers to reject ESG and instead focus on obtaining the highest return on investment for Florida’s taxpayers and retirees,” DeSantis said, referring to the state last August divesting its retirement system from funds that prioritize ESG. Read more…