Governor Ron DeSantis signed HB 3, comprehensive legislation that protects Floridians from the Environmental, Social, and Governance (ESG) financial “scam.” Joined by House Speaker Paul Renner and Florida’s CFO Jimmy Patronis, the governor delivered on his promise to protect consumers’ investments and their ability to access financial services in the “Free State of Florida.”
“ESG is officially DOA in the state of Florida,” DeSantis said when he signed the bill. “This is by far the strongest protection for the people of any state against this ESG agenda – we’re protecting you from it.”
ESG, DeSantis explained, is basically window dressing for globalists to exercise power over society and shape the world through financial control. The governor said this legislation plays into another bill that the Legislature will pass this week that will expressly prohibit using a federally adopted Central Bank Digital Currency (CBDC) as money within Florida’s Uniform Commercial Code (UCC).
Florida’s elected cabinet members joined the governor last year to put pressure on “woke capital” by banning ESG considerations when investing the state’s pension funds. DeSantis said Florida will make sure pension investments are based on value for its beneficiaries, not woke ideology.
“You do not displace that fiduciary duty for the sake of ideology when people are counting on the best investment decisions,” DeSantis said.
Chief Financial Officer Jimmy Patronis said he’s lost faith in Washington as we’ve seen high interest rates and an inflation spike that’s weakening the dollar. “That’s why we need new leadership there [in Washington] and why we have to continue to lead on these issues in the state of Florida,” Patronis said.