West Virginia Restricts 4 More Banks Over ESG Wokeness

Catherine Salgado : Apr 9, 2024
PJ Media

"At the end of the day, this is how we win. Trying to get banks to act like banks, keeping the free market free." -West Virginia State Treasurer Riley Moore

[PJMedia.com] The state of West Virginia is hitting woke banks where it hurts, banning their state contracts over climate alarmist, anti-oil policies. (Image: Pexels)

West Virginia State Treasurer Riley Moore has added Citibank, TD Bank, Northern Trust, and HSBC Holdings to the list of banks that can no longer have state contracts, according to the Washington Examiner on April 8. The banks' Environmental, Social, and Governance (ESG) policies and their boycotts of reliable "fossil fuels" (which are actually not from fossils) finally won them penalties. The climate scam is likely to create a massive energy crisis, promoted and furthered by big businesses and financial institutions.

The above mentioned banks will join BlackRock, Goldman Sachs, J.P. Morgan Chase, Morgan Stanley, and Wells Fargo on the restricted list in West Virginia. Washington Examiner reported that the previously banned banks had lost access to an estimated $18 billion in "annual inflows and outflows" since the restrictions were imposed. Moore described this as a "tremendous loss" when speaking with the Examiner. She hopes her actions will inspire other states to take on the woke banks as well.

Moore originally warned six financial institutions of possible repercussions for boycotting so-called "fossil fuels," but she told the Examiner that BMO Bank and Fifth Third Bank changed their policies to avoid a state ban. "At the end of the day, this is how we win," Moore enthused. "Trying to get banks to act like banks, keeping the free market free"... Subscribe for free to Breaking Christian News here

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