Move for State Governments to Divest Big Tech Stocks Expands to Tennessee

Michael Patrick Leahyby Michael Patrick Leahy

The move for state governments to divest their pension funds of Big Tech stocks gathered momentum on Wednesday when Maury County Mayor Andy Ogles called on the Tennessee General Assembly to consider legislation along the lines proposed by a state legislator in Florida on Tuesday.

“I write today to ask that you order the immediate divestment of any Florida-held equity and debt of the following companies: Facebook, Twitter, Amazon, Apple, and Alphabet (Google),” State Rep. Randy Fine (R-Melbourne Beach) said in a letter sent to Florida Gov. Ron DeSantis, a Republican on Tuesday.

The state of Florida has $200 billion under management by the Florida State Board of Administration.

On Wednesday, Maury County Mayor Andy Ogles, who specifically referenced Fine’s letter to DeSantis as a model, sent a letter to Tennessee Gov. Bill Lee, a Republican, Lt. Gov. Randy McNally, Speaker Cam Sexton, and all members of the Tennessee General Assembly, requesting “that the Governor and/or General Assembly take the immediate steps necessary to divest Any and All Tennessee-held equity and debt of the following companies: Twitter, Facebook, Amazon, Apple and Alphabet aka Google.”

 

full story at https://www.breitbart.com/politics/2021/01/15/move-for-state-governments-to-divest-big-tech-stocks-expands-to-tennessee/#

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