Author Topic: GOP states refuse to do business with 'woke' banks  (Read 83 times)

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Offline Elderberry

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GOP states refuse to do business with 'woke' banks
« on: August 05, 2022, 01:32:17 am »
WND 8/4/2022

'We're not going to pay for our own destruction'

Vowing not to contribute to their "own destruction," officials in Republican states officials are fighting back against banks that adhere to so-called environmental, social and governance standards, known as ESG.

BlackRock, Goldman Sachs and JPMorgan are among the five financial institutions prohibited from entering into banking contracts with West Virginia's state treasurer's office or any state agency, for example, Fox Business reported.

West Virginia State Treasurer Riley Moore told FOX Business that each of the five corporations had declared they will limit their engagement with oil and gas companies, which paid $769 million in taxes to the state government.

"We're not going to pay for our own destruction, we're not going to subsidize that," Moore said.

More: https://www.wnd.com/2022/08/gop-states-refuse-business-woke-banks/