• Florida’s Chief Financial Officer Jimmy Patronis announced Thursday that the state will begin pulling over $2 billion in assets from large investment manager BlackRock because of the firm’s environmentally and socially motivated investing standards.
• Patronis said that BlackRock is choosing to use its money to pursue its ideology rather than secure profits for its client.
• “Using our cash, however, to fund BlackRock’s social-engineering project isn’t something Florida ever signed up for,” Patronis said.

Tagged: Woke World