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Treasury warns that anti-woke banking laws like Florida's are a national security risk

  • The Treasury Department warns that state laws limiting banks from considering environmental, social, and governance factors threaten efforts to combat money laundering and terrorism financing.
  • A letter obtained by the Associated Press highlights Florida's law, stating it is "unsafe and unsound" for banks to disregard non-financial factors.
  • The letter also indicates that such laws may weaken national security efforts, increasing risks from international criminals and terrorists using the U.S. Financial system.
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Associated Press NewsAssociated Press News

Treasury warns that anti-woke banking laws like Florida's are a national security risk

The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing.

·United States
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abc Newsabc News

The Treasury Department warns that an anti-woke Florida banking law is a national security risk

The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing

·United States
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KIFIKIFI

Treasury warns that anti-woke banking laws such as those in Florida are national security risk

Associated Press WASHINGTON (AP) — The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing. The Associated Press obtained a copy of a letter sent Thursday to lawmakers. The letter singles out a law signed by Florida Gov. Ron DeSantis that says it would be an “unsound practice” for banks to consider n…

·Idaho Falls, United States
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Flin Flon ReminderFlin Flon Reminder

The Treasury Department warns that an anti-woke Florida banking law is a national security risk

WASHINGTON (AP) — The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing.

·Flin Flon, Canada
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Rocky Mountain OutlookRocky Mountain Outlook

The Treasury Department warns that an anti-woke Florida banking law is a national security risk

WASHINGTON (AP) — The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing.

Read Full Article
Star TribuneStar Tribune

Treasury warns that anti-woke banking laws like Florida's are a national security risk

The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing.

·Minneapolis, United States
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