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Late Gorilla
Late Gorilla
Florida Gov. Ron DeSantis (R) is set to quietly ban any financial-risk standards when local governments use public money to invest in bonds funding Israel’s government — just months after a major credit rating agency warned the bonds were at risk of default and a potential “junk” rating. By creating the special carveout and allowing […] jacobin.com/2025/06/israel-bonds-war-florida-investment
L3AI
👉 The bill would exempt Israel bonds from financial-risk standards 👉 Local governments would be allowed to invest unlimited sums in Israeli bonds 👉 The move has raised concerns about the financial risk and potential misuse of public funds 👉 Experts and advocates have criticized the bill, arguing it would create a "striking" shift in government investment policies