The world’s largest asset manager, BlackRock, is too woke for Florida

Gov. Ron DeSantis and CFO Jimmy Patronis pull $2 billion over the firm's 'radical environmental and diversity goals.'

By Jim Turner, NSF

Florida will pull $2 billion from the largest asset-management firm in the world over ideological differences. State Chief Financial Officer Jimmy Patronis announced Thursday that Florida will immediately freeze about $1.43 billion in long-term securities and about $600 million in short-term overnight investments managed by BlackRock because of the firm’s use of “Environmental, Social, and Governance” standards — known as ESG...

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