Florida is poised to eliminate long-standing guardrails limiting local investment in increasingly risky Israel bonds that help finance the country’s war efforts.
lorida 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.
levernews.com
Jun 11, 2025