Governance

Resistance to environmental, social, and corporate governance investing is taking center stage in a number of Republican-leaning state legislative sessions this year.

Peterson's consortium serves as an alternative to the WEF and seeks to provide an "alternative vision of the future."

Provisions "will ensure Florida’s public universities and colleges are grounded in the history and philosophy of Western Civilization" and "prohibit DEI [Diversity, Equity and Inclusion], CRT [Critical Race Theory] and other discriminatory programs and barriers to learning."

"The course is a vehicle for a political agenda," said DeSantis' press secretary.

Citigroup Inc (C.N) has discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that "has the effect" of Texas halting Citi's ability to underwrite most municipal bond offerings in the state.

She would not reveal who her clients were, but cautioned: "Believe me, you don't want to get into litigation with them."

DeSantis said, "Corporations across America continue to inject an ideological agenda through our economy rather than through the ballot box. Today's actions reinforce that ESG considerations will not be tolerated here in Florida, and I look forward to extending these protections during this legislative session."

The statement was in response to a thread by journalist Michael Shellenberger regarding the World Economic Forum's (WEF) secretive finances, in which he mentioned the use of ESG criteria by the organization.

House Speaker Kevin McCarthy (R-CA) told reporters Thursday that he intends to release all the security footage from the January 6 Capitol riots.

Several Republican lawmakers will attend WEF's annual meeting in Davos, Switzerland to discuss global initiatives, joined by Democratic officials and Biden administration officials.