Ron DeSantis took to the stage during his Don’ t Tread on Florida Tour in Sarasota on Nov. 6, ahead of the Nov. 8 midterm election. - Tiffany Tompkins/Bradenton Herald/TNS
Florida will pull $2 billion from the largest asset-management firm in the world over ideological differences. State Chief Financial Officer Jimmy Patronis announced Thursday that Florida will immediately freeze about $1.43 billion in long-term securities and about $600 million in short-term overnight investments managed by BlackRock because of the firm’s use of “Environmental, Social, and Governance” standards — known as ESG. Patronis in a statement said he doesn’t “trust BlackRock’s ability to deliver” and “BlackRock CEO Larry Fink is on a campaign to change the world.” “Whether stakeholder ...
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