Florida Taking Steps To Ban Investments With Venezuela

Florida is beginning to take official steps to protest the current government of Venezuela.

Tuesday, Gov. Scott asked the two trustees who help him oversee Florida's roughly $150 billion pension plan to bar the state from making investments supporting the regime of President Nicolas Maduro.

However, Florida's pension plan already doesn't invest in any companies or securities controlled or owned by Venezuela.

The Scott administration defends this policy by saying there is nothing in place that prevents future investments.

Some Democrats have been critical of Scott's approach and have said Scott should go further and also take aim at companies doing business with Venezuela.

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