Ron DeSantis: ‘Florida Announced WOKE Banking’


Florida has “notified wake banking,” Sunshine State Governor Ron DeSantis (R) said Monday after announcing success to PayPal, which reportedly froze Moms for Liberty’s assets.

“Last week Tina Descovich, co-founder of @Moms4Libertyshared that PayPal had locked their account and withholding funds without warning or justification,” DeSantis explained Monday after last week’s press conference, where Descovich spoke.

“At a time of canceled culture, where parental rights groups are labeled as domestic terrorists by our own US Department of Justice, the cancellation of our funding by major organizations just seems like the next step in this draconian policy,” she said at the time. .

“Days after our event, their funds were released,” DeSantis announced Monday, stating that “Florida has notified WOKE banking”:

DeSantis’ announcement follows last week’s press conference, in which he outlined additional measures his administration plans to take to combat companies that impose an “awakened ideology on the economy.”

“Whether it’s Wall Street Banks, whether it’s large asset managers, whether it’s big tech companies and what you’ve seen, as you’ve seen a rise of something called ESG: environment, social governance, where they have different judge companies based on how they perform against those metrics,” DeSantis said at the press conference.

PayPal is one of the companies embracing and promoting what has been described as a “values-led culture, based on inclusion, innovation, collaboration and wellbeing in our communities, employees and strategies.”

The problem, however, is that companies impose their political beliefs on individuals.

“This is an important issue because it raises the question of who rules society? Do we rule ourselves by our constitution and by our elections or do we have these masters of the universe occupying these formidable heights of society?” DeSantis asked:

As a result, DeSantis said they are taking administrative action and pursuing legal reforms “so that we put the people of Florida first and we’re going to do what’s in their best interests, not what the delusions of some rich awake CEO want to do.”

One of the actions will be to ban the state council fund manager from “using political factors in investing the state’s money”.

“We’re also going to require SBA fund managers to consider only maximizing return on investment on behalf of Florida retirees,” he said, explaining that they’re also “allowing Wall Street banks, credit card companies, and money transmitters like Paypal not discriminate because of their religious, political or social beliefs.”

“This is not something that empowers the little man,” the governor said of the current state of affairs.