Florida Governor Ron DeSantis (R) signed into law Tuesday a sweeping ban on sustainable investing. House Bill 3 bars state and local governments from factoring in environmental, social or governance (ESG) factors in their decision of whether to invest or contract with specific businesses. It also obligates state-registered banks to make loans to several industries — including fossil fuels, private prisons or the manufacture and sale of firearms — that the GOP alleges some large financial firms have been turning away from. House Bill 3 would bar financial institutions from “discriminating against customers for their religious, political, or social beliefs — including their support
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