Florida’s Democratic congressional delegation last week urged DeSantis to immediately divest the Florida Retirement System from Russian-owned or headquartered businesses. The call came in a letter asking DeSantis, in his capacity as head of the State Board of Administration, to “immediately” divest the $300 million worth of investments in Russian-linked companies.
“Given the absence of rule of law in Russia and the close ties between Russian companies, the Russian armed forces, and Russia’s elite, any such investments simply provide resources towards achieving Vladimir Putin’s heinous agenda – murdering innocent Ukrainians, reinventing the Communist Soviet Union, degrading democracy, and making the American people and Floridians less safe,” reads the letter signed by the 11 Florida Democrats.
The letter said some of the companies Florida has investments in are “supplying the Russian armed forces and lining the pockets of Putin and his allies.” Additionally, the letter said Russia is supporting the authoritarian governments of Venezuela and Cuba.
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