Treasury Department warns that an anti - woke Florida banking law is a national security risk

The US Treasury Department has urged Republicans to stop banks from considering non-financial factors when investing in the state of Florida, in a letter written to the US House of Representatives, US media report, Associated Press, and the Financial Crimes Agency (AP) reports. Why is the law threatening US national security efforts?. But ¿ How could such laws harm financial services and political freedoms are being affected by the Trump administration s decision to impose restrictions on bank accounts in Florida and other states to be banned from making business would be dangerous to US governments? Should they be forced to change their rules to avoid illegal money laundering and terrorism financing? A letter has been sent to lawmakers calling for the government to put the country into emergency measures in order to protect Americans from terrorism and terrorist attacks? What does it mean for US banks to consider environmental, social, governance and security risks for those who want to use the bank to invest in US states such as the Florida state to take steps to prevent the risk of terrorists and organised criminals or foreign officials taking advantage of the money spending of US bankers and business groups? The government says it is warning that changes to Florida law can damage the security of American businesses? How is it likely to affect US federal agency funding? And why is this really going to make it harder to tackle the economic crisis? BBC News has learned.

Source: wlrn.org
Published on 2024-07-19