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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Leaning Left9Leaning Right1Center13Last UpdatedBias Distribution57% Center