DeSantis Won’t Divest $300M In Russian Investments

The Orlando Sentinel reports:

A $300 million slice of Florida’s nearly $200 billion public pension portfolio is invested in Russian companies, even as the pariah nation faces mounting accusations of genocide and other war crimes in Ukraine.

Democrats want Florida to divest that tiny part of the fund, arguing the state’s leaders should act swiftly to dump Russian investments. Florida’s holdings include Russian oil producers, mining companies and the country’s largest bank, according to a review from late January.

In December, DeSantis and other Republican leaders ordered an audit of the state’s investments in China that could lead to divestment. In a news release, DeSantis said the “Communist Party of China is not a vehicle that we want to be entangled with.”

Read the full article.