Florida CFO: The State of Florida Will Be Pulling Over $2 Billion from Woke Asset Manager BlackRock Over Their ESG Policies

SPICER There s big ░░░░░░░░ management company BlackRock it ░░░░░░░░ millions and billions of ░░░░░░░░ for states for institutions ░░░░░░░░ guys have released a ░░░░░░░░ this morning in part ░░░░░░░░ says using our cash ░░░░░░░░ s state money to ░░░░░░░░ BlackRock s social engineering ░░░░░░░░ isn t something Florida ░░░░░░░░ signed up for Florida ░░░░░░░░ Treasury division is divesting ░░░░░░░░ BlackRock because they ve ░░░░░░░░ stated they ve got ░░░░░░░░ goals than producing returns ░░░░░░░░ here s the thing ░░░░░░░░ I want to ask ░░░░░░░░ as a financial guy ░░░░░░░░ understanding as a layman ░░░░░░░░ that companies like BlackRock ░░░░░░░░ considered fiduciaries They have ░░░░░░░░ responsibility to make me ░░░░░░░░ if I invest in ░░░░░░░░ It doesn t sound ░░░░░░░░ that when you re ░░░░░░░░ about being woke it ░░░░░░░░ t sound like your ░░░░░░░░ one responsibility is to ░░░░░░░░ make me money And ░░░░░░░░ are you guys doing ░░░░░░░░ counter that PATRONIS You ░░░░░░░░ exactly right I need ░░░░░░░░ business partner with our ░░░░░░░░ managers And what we ░░░░░░░░ seeing right now we ░░░░░░░░ seeing a privilege to ░░░░░░░░ capital We re seeing ░░░░░░░░ Fink pushing out an ░░░░░░░░ that is not in ░░░░░░░░ best fiduciary interest of ░░░░░░░░ bottom line of the ░░░░░░░░ of Florida Cost of ░░░░░░░░ care roads all these ░░░░░░░░ are going up because ░░░░░░░░ that Washington is doing ░░░░░░░░ about So I ve ░░░░░░░░ to do everything in ░░░░░░░░ power in the state ░░░░░░░░ Florida So what I ░░░░░░░░ to make is going ░░░░░░░░ maximize the bottom line ░░░░░░░░ we just don t ░░░░░░░░ that with BlackRock where ░░░░░░░░ s too many good ░░░░░░░░ players out there that ░░░░░░░░ can move our dollars ░░░░░░░░ SPICER So what are ░░░░░░░░ doing PATRONIS So we ░░░░░░░░ later later today we ░░░░░░░░ actually putting BlackRock on ░░░░░░░░ that from our state ░░░░░░░░ s position where where ░░░░░░░░ have 100 percent control ░░░░░░░░ we re moving all ░░░░░░░░ away from BlackRock and ░░░░░░░░ re putting them on ░░░░░░░░ today SPICER How much ░░░░░░░░ that PATRONIS A little ░░░░░░░░ over 2 billion UNKNOWN ░░░░░░░░ Oh Wow SPICER That ░░░░░░░░ a real money UNKNOWN ░░░░░░░░ That s a lot ░░░░░░░░ money PATRONIS Yeah UNKNOWN ░░░░░░░░ So I mean what ░░░░░░░░ their response I mean ░░░░░░░░ they know that you ░░░░░░░░ have not been happy ░░░░░░░░ they trying to court ░░░░░░░░ say we re going ░░░░░░░░ change paths at all ░░░░░░░░ are they just setting ░░░░░░░░ ways right now PATRONIS ░░░░░░░░ probably won t know ░░░░░░░░ they watch your show ░░░░░░░░ UNKNOWN FEMALE All right ░░░░░░░░ So we haven t ░░░░░░░░ haven t crosstalk you ░░░░░░░░ literally we we we ░░░░░░░░ broke the news for ░░░░░░░░ tonight.”
SPICER: “Thank you”