DeSantis takes aim at Bud Light as state pensions crushed by company's decline: 'There's got to be penalties'

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Florida Gov. Ron DeSantis says retirees -- including teachers and first responders -- have seen their pensions suffer at the hands of Bud Light's foray into woke politics.

"It has come to my attention that the State Board of Administration currently holds global equity assets with Anheuser-Busch InBev ," the governor wrote in the Thursday letter."As you well know, AB InBev's performance has plummeted since its decision to associate its Bud Light brand with radical social ideologies. That fateful decision has transformed America's formerly best-selling beer — and one of InBev's best-performing assets — into a commercial pariah.

In that same period, rival light beers saw sales rise. Coors Light's sales volume rose by 17.8%, while Miller Lite’s increased by 14.3% and Corona Light’s ticked up by 3%. The fallout from the Bud Light controversy has spilled over into other Anheuser-Busch InBev beers which have also suffered from sales declines. This article was written by Fox News staff.

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