Florida Governor DeSantis Signs Controversial Anti-ESG Bill into Law

Florida Governor Ron DeSantis has signed a bill into law that prohibits state and local governments from investing public money into funds and entities that consider environmental, social, and governance factors (ESG). The law also outlaws the sale of ESG bonds and prohibits banks from not lending money to individuals based on a host of factors. The bill's sponsors seem to be in the dark as to how all these new restrictions will actually play out on the ground and how they'll affect everyday Floridians. The bill illustrates that Republican lawmakers are more interested in using ESG as a cudgel against the idea of "wokeness" than actually passing laws and policies that would benefit their constituents.