Florida Cabinet Says No Money for Maduro

posted by Rick Flagg -

State officials have voted to do what they're already doing... not investing state retirement dollars in companies aligned with the Nicolas Maduro regime in Venezuela. 

The idea came from Governor Rick Scott.

"I stand firmly with the Venezuelan people demanding absolute freedom and democracy now," he said. "The policy before you today is a huge step in the right direction. It will ensure that future SBA investments will not benefit the Maduro regime."

Florida doesn't have any money invested with Venezuela, but this is more about symbolism. 

The original plan was to extend the ban to any firm doing business with the Maduro government, but state officials backed off when they realized that would include corporate giants like Goldman Sachs, General Electric, United Technologies and Citibank.

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