Florida Moves to Disentangle State Investments in China

Florida Moves to Disentangle State Investments in China
Florida Gov. Ron DeSantis speaks during a press conference at the Shul of Bal Harbour in Surfside, Fla., on June 14, 2021. Joe Raedle/Getty Images
Zachary Stieber
Updated:

Florida officials on Dec. 20 took action to disentangle state retirement funds from the Chinese Communist Party (CCP), including revoking authority that let outside managers decide where to invest some of the state’s pension funds.

The plan from Gov. Ron DeSantis, a Republican, was approved during a meeting of the State Board of Administration of Florida, which invests and manages the state’s pension plan, one of the largest public retirement plans in the U.S., and smaller funds.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
twitter
truth
Related Topics