`Anti-Woke’ DeSantis Mixes Politics, Money in Florida Pensions

Oct. 27, 2022, 2:30 PM UTC

When Florida Governor Ron DeSantis took to a stage in July to discuss his plan to ban the state’s pension system from including Environmental, Social and Governance factors in its investment decisions, he framed it as a way to keep politics out of the process.

What DeSantis didn’t mention is that the $200 billion Florida Retirement System is already being used in a very small way to serve ideological and social objectives. They just happen to jibe with the interests of the governor and his two fellow Republican trustees.

“Our economy’s going to be much better off if everything is not ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.