DeSantis Targets “Woke Capitalism”

What is happening? Florida Governor Ron DeSantis announced legislation to target “woke capitalism” taking a page from the book of other statewide elected officials.

Why is this important? DeSantis target is to “prohibit big banks, credit card companies and money transmitters from discriminating against customers for their religious, political or social beliefs.”  At a news conference he announced state pensions should stop making investment decisions based on environmental or sustainability issues.

How will this be important? When of when will hyper partisanship fade? As an example DeSantis o “…singled out PayPal, which has cut off accounts associated with far-right groups that participated in the Jan. 6 Capitol riot, and GoFundMe, which blocked donations to a group supporting truckers who occupied Ottawa this year.”

Dealbook | States take action against ‘woke C.E.O.s’