Why would the Fortune 500’s highest-earning company try to stop a bill to protect children from sterilization?

Call it “woke capital.” This spring, the Arkansas Legislature passed the Save Adolescents from Experimentation Act to protect children from hormonal and surgical interventions to treat gender dysphoria. When Republican Gov. Asa Hutchinson vetoed the bill on April 5, the Walton Family Foundation, the nonprofit group run by the family that owns Walmart, the state’s largest employer, waded in. It praised Hutchinson and condemned the bill for sending “the wrong message to those willing to invest in or visit” Arkansas. In political circles, money matters.