Treasury Warns 'Anti-Woke' Florida Law Poses Risk

The U.S. Treasury Department issued a warning highlighting that state laws, like the one in Florida signed by Governor Ron DeSantis, which prevent banks from considering non-financial factors, could impede national security efforts by hindering anti-money laundering and anti-terrorism financing initiatives. Conservative Republicans argue that such laws protect businesses from potential discrimination and ensure access to financial services for conservative groups. The Treasury Department's concern is that these laws might enable money laundering and terrorism financing activities, potentially aiding criminals and threatening national security. Tennessee and several other states are also considering or have enacted similar laws, prompting bipartisan concerns about the risks these measures pose to national security.