DeSantis Rejects Call For FL To Divest Russian Assets

The New York Daily News reports:

Gov. Ron DeSantis (R-Fla.) has rejected a push for Florida to sell investments in Russian-owned companies in retaliation for the invasion of Ukraine. The Republican governor pushed back after state Agriculture Commissioner Nikki Fried, the Sunshine State’s top elected Democrat, called on the state move to divest itself of assets tied to Russia.

DeSantis and two allies, Chief Financial Officer Jimmy Patronis and Attorney General Ashley Moody control the State Board of Administration. The SBA manages an estimated $195 billion in state-owned holdings, including about $300 million in Russian-based entities.

The Orlando Sentinel reports:



DeSantis said Monday the United States should hit Russian President Vladimir Putin “where it counts” by establishing energy independence, while not addressing what he is doing at the state level. DeSantis has called for Florida to pull its investments in response to other world events.

In December, DeSantis vowed to take on Communist China and asked for a review of the state’s investments in Chinese companies. He’s also called for the state to stop investing in Ben & Jerry’s parent company over its decision to stop selling ice cream in the Israeli-occupied West Bank and contested east Jerusalem.