New York City Freezes Deposits at Two Major Banks After Failing to Implement City’s ‘Woke’ Agenda

Florida governor Ron DeSantis signed into law a bill barring state officials from investing public money to promote ESG goals, and prohibited ESG bond sales


New York City officials have taken action against two leading banks, Capital One and KeyBank, after the financial institutions failed to submit their plans for combatting discrimination in their operations.

On Thursday, NYC Comptroller Brad Lander restricted account deposits at both banks due to their non-compliance with the city’s mandates issued earlier this year. The mandates require banks holding public funds to provide detailed strategies for addressing various forms of discrimination within their operations. ---More...

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