Ken Paxton targets biggest banks for plans to ‘starve’ fossil fuel companies of credit

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Ken Paxton targets biggest banks for plans to ‘starve’ fossil fuel companies of credit
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The attorney general said he wants to ensure the biggest names in banking aren’t ‘violating state and federal laws to push a radical social and climate agenda.’

Goldman Sachs will bring 5,000 jobs to new Dallas office

The attorney general’s office sent a civil demand to each bank, requesting a long list of documents, including all communication related to decisions to join global climate initiatives. Texas political leaders have made Wall Street a frequent punching bag over everything from adherence to state gun laws to labeling finance firms as “energy boycotters.” Several firms havePaxton’s action follows two similar multi-state investigations that his office joined earlier this year to “ensure that companies basing decisions on [environmental, social and governance] factors are not violating state and federal laws to push a radical social and climate agenda.

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