Florida’s New Investment: Israel’s War

New legislation in Florida introduces a financial model that would enable local governments around the country to invest virtually limitless sums in the Israeli war effort, despite the mounting financial risk of doing so.

Key Speakers at the Jerusalem Post Conference

Ron DeSantis arrives for a news conference at the Jerusalem Post Conference in Jerusalem, Israel, on April 27, 2023. (Kobi Wolf / Bloomberg via Getty Images)


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 unrestricted investments into a foreign country on the brink of regional war, Florida politicians now threaten to funnel an even greater share of local governments’ savings to the Netanyahu regime’s war efforts.

The legislation also introduces a new financial model enabling local governments around the country to invest virtually limitless sums in the Israeli war effort, despite the mounting financial risk of doing so.

Sorry, but this article is available to active subscribers only. Please log in or become a subscriber.