DeSantis Forms Alliance Of 19 Governors To Combat Biden’s Economy-Crushing ESG Obsession

This is what leadership looks like. Florida governor Ron DeSantis (R) has allied with 18 other governors to push back on Joe “I am the Democratic Party” Biden’s economy-crushing ESG push. “ESG” is the environmental and social governance agenda that seeks to control American citizens like Communist China uses its social credit scheme to control (and punish) its subjects.

Fox News reports:

Gov. Ron DeSantis, R-Fla., joined forces with 18 GOP governors to reject President Joe Biden’s environmental, social and corporate governance (ESG) “agenda,” claiming the push is a “direct threat” to the economic freedom of American retirees.Governors in Alabama, Alaska, Arkansas, Georgia, Idaho, Iowa, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, South Dakota, Tennessee, Utah, West Virginia and Wyoming formed the alliance Thursday in what they described as an effort to ensure American retirement funds are not used for “woke” investments.”Yet again, President Biden put his political agenda above the wellbeing and individual freedoms of hardworking Americans,” the Republican governors wrote. “We as freedom loving states can work together and leverage our state pension funds to force change in how major asset managers invest the money of hardworking Americans, ensuring corporations are focused on maximizing shareholder value, rather than the proliferation of woke ideology.””The proliferation of ESG throughout America is a direct threat to the American economy, individual economic freedom, and our way of life, putting investment decisions in the hands of the woke mob to bypass the ballot box and inject political ideology into investment decisions, corporate governance, and the everyday economy,” the states said.

You can read the governors’ joint policy statement here.

The Daily Signal has more:

A group of 19 Republican governors from “freedom-loving states” announced an anti-environmental, social, and governance, or ESG, alliance on Thursday.“This month, Congress exercised its powers under the Congressional Review Act to disapprove of the Department of Labor Rule relating to ‘Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights,’” the governors’ joint statement said. “Yet again, President [Joe] Biden put his political agenda above the wellbeing and individual freedoms of hardworking Americans.”The House and the Senate passed legislation introduced by Rep. Andy Barr, R-Ky., and Sen. Mike Braun, R-Ind., to block the Labor Department rule the governors reference. Biden, however, said he’ll veto the Senate bill, which would be his first, CNBC reported.“We as freedom-loving states can work together and leverage our state pension funds to force change in how major asset managers invest the money of hardworking Americans, ensuring corporations are focused on maximizing shareholder value, rather than the proliferation of woke ideology,” the statement also said.Florida Gov. Ron DeSantis is leading the alliance, which includes Govs. Kim Reynolds of Iowa, Tate Reeves of Mississippi, Brian Kemp of Georgia, Spencer Cox of Utah, Jim Justice of West Virginia, Mark Gordon of Wyoming, and Kay Ivey of Alabama, among others.“At my direction, Florida has led the way in combatting [sic] 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 in a press release about the alliance. “At the time I said we would spearhead an initiative to join with other like-minded states to send an even louder message to the financial industry that the American people have rejected ESG at the ballot box, and ideologues cannot and should not circumnavigate the will of the people.”“Today, we have delivered on that promise. Florida has emerged as America’s economic engine, with an unemployment rate consistently lower than the nation’s and the highest rate of business formations of any other state,” the Florida governor added. “We will not stand idly by as the stability of our country’s economy is threatened by woke executives who put their political agenda ahead of their clients’ finances.”

Winning.

Tags: Biden Economic Policy, Florida, Progressives, Ron DeSantis, Social Justice

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