(WTXL) - Calling it huge step in the right direction, Governor Rick Scott got support from two state cabinet members to keep an agency they oversee, from conducting future business linked to the Nicolas Maduro Regime in Venezuela.
While not as wide-reaching as first proposed by the governor, the resolution approved by the State Board of Administration's Trustees Scott, Attorney General Pam Bondi and Chief Financial Officer Jimmy Patronis, will prohibit the board from investing in certain companies that have financial ties to the Venezuelan regime.
The State Board of Administration currently doesn't have any such investments, and Scott's anti-investing outline does not impact other state investments.
Ash Williams, Executive Director of the State board of Administration, called today's decision prudent and within all of our obligations.
Scott hasn't named or targeted any individual companies, but some democrats have criticized Scott's proposal as not going far enough.
