{"id":1979367,"date":"2023-07-21T10:53:01","date_gmt":"2023-07-21T14:53:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/desantis-requests-state-board-evaluate-investments-in-bud-light-maker\/"},"modified":"2023-07-21T10:55:59","modified_gmt":"2023-07-21T14:55:59","slug":"desantis-requests-state-board-evaluate-investments-in-bud-light-maker","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/desantis-requests-state-board-evaluate-investments-in-bud-light-maker\/","title":{"rendered":"DeSantis asks state board to review investments in Bud Light producer."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdesantis-requests-state-board-evaluate-investments-in-bud-light-maker%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1979367&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Gov. Ron DeSantis\u2063 Takes a Stand Against Bud Light&#8217;s Controversial Marketing Campaign<\/h2>\n<p>Governor Ron DeSantis\u2062 of Florida has made a bold move by requesting a review of the\u200b Florida State Board of Administration&#8217;s holdings of Anheuser-Busch InBev, the parent company of Bud Light. This decision comes in the\u2063 wake of a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/desantis-requests-state-board-evaluate-investments-in-bud-light-maker\/\" title=\"DeSantis asks state board to review investments in Bud Light producer.\">highly controversial \u2062marketing campaign involving<\/a> a transgender internet\u2064 influencer, which has caused a significant decline in the company&#8217;s stock value.<\/p>\n<h3>Students for DeSantis Expands to 100 Campuses \u200dNationwide<\/h3>\n<p>In a tweet, DeSantis stated, &#8220;We&#8217;ve kneecapped ESG in Florida. So I&#8217;m calling for an investigation into \u200dAB InBev&#8217;s actions \u200dregarding\u2062 their Bud\u200c Light marketing campaign and falling stock prices. All options are on the table, and \u200dwoke corporations that put ideology ahead of returns should be on notice.&#8221;<\/p>\n<p>In a letter addressed to the interim Executive Director of\u2063 the SBA,\u2064 Lamar Taylor, DeSantis expressed his \u200bconcerns about AB InBev&#8217;s ill-fated marketing \u2063strategy, referring to the company as \u200ca &#8220;commercial pariah.&#8221; He \u2064emphasized the staggering losses incurred\u2062 by the company and highlighted the need\u200d to \u2063prudently manage the funds of \u2062Florida&#8217;s hardworking law enforcement\u2063 officers, teachers, firefighters, and first \u200dresponders.<\/p>\n<p>DeSantis further accused AB InBev of breaching its \u200dlegal duties to shareholders and emphasized the importance of protecting the SBA and\u2063 Florida\u200b retirees from further losses. He stressed \u2062that all options are on the \u2063table to achieve this goal.<\/p>\n<p>Since the controversial video featuring the transgender influencer promoting Bud Light was released on April 1, AB InBev&#8217;s stock \u200dprice has plummeted from $66.73 to $58.73. The brand&#8217;s sales have also suffered, with retailers like Costco reportedly pausing \u200crestocks of Bud Light in several stores.<\/p>\n<p>This move by Governor DeSantis is \u200cpart of his ongoing battle against ESG, which stands for environmental, social, and governance. He has already signed legislation that restricts fund managers from making investment decisions based on factors \u200dother than maximizing returns.<\/p>\n<p>DeSantis&#8217;s statement after signing the\u200d legislation in May reflects his\u2063 determination to lead Florida in opposing big banks and corporate activists who <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/american-medical-association-blasted-after-calling-for-removing-sex-from-birth-certificates\/\" title=\"American Medical Association Blasted After Calling For Removing Sex From Birth Certificates\">prioritize woke ideology<\/a> over financial interests. In fact, \u2064Florida&#8217;s Chief Financial Officer, Jimmy Patronis, announced a divestment of $2 billion from BlackRock in 2022 due to its ESG stance, marking the largest divestment by a state over ESG policies.<\/p>\n<p>With his latest move against Bud Light&#8217;s controversial \u2064marketing campaign, Governor DeSantis continues to champion Florida&#8217;s commitment to prioritizing financial returns over <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fxs-the-bear-balances-the-raw-drama-and-comedy-felt-by-todays-millennial-men\/\" title=\"FX\u2019s \u2018The Bear\u2019 Balances The Raw Drama And Comedy Felt By Today\u2019s Millennial Men\">woke virtue signaling<\/a>.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\">Click here<\/a> to\u2064 read more from The Washington Examiner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gov. Ron DeSantis (R-FL) asked the Florida State Board of Administration to assess its investments in Anheuser-Busch InBev, Bud Light&#8217;s parent company. This request follows a recent controversy involving the beer brand&#8217;s collaboration with a transgender internet influencer. DeSantis aims to evaluate any potential financial losses resulting from the incident.<\/p>\n","protected":false},"author":1,"featured_media":1979368,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1979367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1979367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1979367"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1979367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1979368"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1979367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1979367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1979367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}