Florida Stop $2 BILLION In BlackRock Investments Over ‘Woke’ Policies
View Source | December 1, 2022 2:58 pm
- Florida’s Chief Financial Officer Jimmy Patronis announced Thursday that the state will begin pulling over $2 billion in assets from large investment manager BlackRock because of the firm’s environmentally and socially motivated investing standards.
- Patronis said that BlackRock is choosing to use its money to pursue its ideology rather than secure profits for its client.
- “Using our cash, however, to fund BlackRock’s social-engineering project isn’t something Florida ever signed up for,” Patronis said.
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