Once-obscure investing principles are quickly becoming a political flashpoint that Republicans hope to use to their advantage in the 2024 presidential election.
“It’s gonna be part of this national conversation, I think. If you’re at the national level, they are talking about this issue,” West Virginia Treasurer Riley Moore told theduring an interview on the sidelines of the State Financial Officers Foundation’s national meeting.
The message from the top financial officials in multiple red states was clear: Aggressive and coordinated pushback against ESG and so-called woke capitalism is going to be the dominant issue for them in the approaching year and beyond.Florida Gov. Ron DeSantis, seen as a likely GOP primary opponent to former President Donald Trump, has publicly worked to combat ESG.
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