CFO Jimmy Patronis Joins Governor DeSantis in Jacksonville to Sign Anti-ESG Legislation
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CFO Jimmy Patronis Joins Governor DeSantis in Jacksonville to Sign Anti-ESG Legislation
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JACKSONVILLE, Fla. - Today, Chief Financial Officer (CFO) Jimmy Patronis joined Governor DeSantis, Speaker Paul Renner, Senator Erin Grall, and Representative Bob Rommel in Jacksonville to sign House Bill 3 which prohibits financial institutions from discriminating against consumers for their beliefs, barring the consideration of "ESG Credit Scores;” and permanently prohibiting SBA fund managers from considering ESG factors when investing the state's money.
CFO Jimmy Patronis said, “Today, the State of Florida and Governor DeSantis said loud and clear that woke, ESG-fueled corporate activism will not be tolerated in our state. Big thanks to Speaker Renner, Senator Grall and Representative Rommel on passing this great piece of legislation and for their commitment to protecting Florida’s economy from woke ESG standards. Many businesses across the country have been forced by asset managers and bankers to adopt ESG; turning their focus from making sound fiscal decisions to pushing politically fueled ideology. Floridians deserve a banking system that continues to work for them and should feel confident knowing that their investments are protected. HB 3 will not only provide those protections from ESG standards, but it will increase confidence in Florida’s marketplace.”
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