Posted inArkansas Blog

Senate approves potentially costly measure to require public entities to divest from ‘woke’ companies

The Arkansas Senate on Monday approved a bill that would require all state entities to divest from holdings with a financial provider that considers ESG — environmental, social and governance — factors. Should it become law, teacher and state employee retirement funds could take a sizable hit, but the feelings of guns and fossil fuels will be protected.

Posted inArkansas Blog

Capitalism, E.S.G. Funds and Arkansas Republicans

Republicans’ crusade against financial services companies who consider environmental, social and governance factors (E.S.G) when deciding where to invest  gets a look in The New York Times today. This is a relevant issue in Arkansas because Sen. Ricky Hill (R-Cabot), a banker, has a pair of bills scheduled to be heard by committees tomorrow that aim to very aggressively push back against woke investing.

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