The woke agenda is targeting more than just Disney movies and college campuses. Progressives are trying to impose their radical ideology in all sectors of American life. From elementary schools to restaurants, there is no part of our culture safe from the woke tide.

That is especially true in the world of big business. For years, progressives have been taking over major banks. Using the code name “environmental, social, and governance” or ESG, progressives have been pushing woke ideology through finance.

Big banks are pushing to invest your money in the most woke companies and movements imaginable. Big surprise, those investments often tank. Now, one red state is taking a stand against this ESG scheme. And they are hitting these banks where it hurts.

From The Post Millennial:
The state of West Virginia has barred four financial institutions from entering into state contracts due to their environmental policies, with potential contracts valued at tens of billions of dollars at stake.

According to Fox News, the institutions affected are Citigroup, TD Bank, HSBC, and The Northern Trust Company…

“We’ve offered woke financial institutions a choice: you can boycott fossil fuels, or you can do business with our state, but you can’t do both,” Moore said in a post on X.

West Virginia is banning four major banks from entering state contracts. These banks are Citigroup, TD Bank, HSBC, and The Northern Trust Company. These progressive-run banks are boycotting fossil fuels, refusing to invest in oil and natural gas companies.

This is a movement that has been going on for a long time but has been supercharged under President Biden. The Democrat had even tried to force all banks to invest only in progressive businesses, seemingly trying to financially cripple conservative ventures.

West Virginia is likely not the only state that will oppose ESB-focused institutions. Florida, Texas, and many others will also refuse to reward companies that turn on fossil fuels and embrace far-left ideology.

It’s unclear what these banks will do in response. But if enough pressure is put on these institutions, the ESG movement might quickly run out of steam.

Key Takeaways:

• West Virginia banned woke banks from entering into state contracts.
• These banks boycott fossil fuel investments to prop up progressive ideology.
• This comes after Biden tried to pressure banks into investing only in woke companies.

Source: The Post Millennial