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Some of the investment funds in the state’s portfolio use “environmental, social, and governance” policies -- nasty words in the DeSantis universe, and an example of the issues the governor invents to mobilize his base.
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Critics said it’s a distraction from more pressing issues and political theater in DeSantis’ efforts to drum up his base.
Financial experts say the Florida governor’s ban on so-called “woke” investment policies that consider “environmental, social and governance” issues may affect pensions for state retirees. But others disagree on the ban’s impact.