FOX BUSINESS: West Virginia doubles down on anti-ESG stance with new bill targeting top financial firms

After going against five major financial firms for their anti-coal investments, West Virginia Treasurer Riley Moore is doubling down on his stance by introducing a bill to better protect resident funds from environmental social and corporate governance (ESG) projects, which he discussed exclusively on "Mornings with Maria" Tuesday.

RILEY MOOREIt's one year ago, actually, I announced on your program that we had divested from BlackRock due to their boycott of the fossil fuel industry. Now, we've had several states, eight in total have actually followed our lead here in West Virginia. We've had now roughly over $5 billion in total divested across those eight states. And I think we're likely going to see Oklahoma come on board here soon. But at the end of the day, these folks, BlackRock certainly being the leader, has created artificial scarcity in the marketplace, which has driven up, obviously, energy costs and played a big part in driving inflation in our economy right now…


Paid for Moore for West Virginia

Treasurer, Arch A Moore III