Bloomberg Law
July 27, 2022, 7:13 PM

DeSantis Blasts ‘Woke’ ESG Investing, Singles Out PayPal (1)

Nathan Crooks
Nathan Crooks
Bloomberg News

Florida Governor Ron DeSantis criticized ESG investing and companies including PayPal Holdings Inc., saying he would work with the state legislature to battle what he called a “woke ideology” being promoted by Wall Street banks, asset managers and big tech companies.

“Do we govern ourselves through our constitution and through our elections or do we have these masters of the universe occupying these commanding heights of society?” DeSantis said at a press briefing Wednesday. “For every master of the universe who’s prattling on about, you know, no emissions and all this stuff, I don’t see very many of them ...

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