Florida pulls money from BlackRock over ‘ESG’

Florida will pull $2 billion from the largest asset-management firm in the world over ideological differences. State Chief Financial Officer Jimmy Patronis announced Thursday that Florida will immediately freeze about $1.43 billion in long-term securities and about $600 million in short-term overnight investments managed by BlackRock because of the firm’s use of “Environmental, Social, and Governance” standards --- known as ESG. Patronis in a prepared statement said he doesn’t “trust…