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Department of the Treasury criticizes Florida’s anti-ESG law

Ron DeSantis
Ron DeSantis has spearheaded efforts to block so-called ‘woke investment’ policies. Photo: Joe Raedle/Getty Images

Alexander Barzacanos

2 min read
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The US Department of the Treasury criticized a bill signed by Florida’s Governor Ron DeSantis prohibiting banks from refusing to deal with customers due to their beliefs or business type.

Florida House Bill 989, signed by Governor Ron DeSantis in May, creates a complaint procedure for customers who believe they have been dropped by financial institutions for participating in protected activities. This complaint will trigger an investigation by Florida’s Office of Financial Regulation.

This update expands Florida House Bill 3,

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