Republican states are planning an all-out assault on woke banks: 'We won’t do business with you'
'We're not going to pay for our own destruction,' West Virginia State Treasurer Riley Moore tells FOX Business
Republican state officials are readying plans to punish woke banks which push anti-fossil fuel policies and adhere to so-called environmental, social and governance (ESG) standards.
West Virginia announced last week it would bar five major financial institutions, including BlackRock, Goldman Sachs and JPMorgan, from entering into banking contracts with the state treasurer's office or any state agency. Each of the five corporations had committed to policies limiting commercial engagement with the fossil fuel industry which paid a whopping $769 million in taxes to West Virginia's state government.-- More...
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