Lawmakers are concerned that public pension fund money is being wielded by these banks, possibly to further political goals. BlackRock said it doesn't discriminate against fossil fuel companies for political reasons and touted its investments in ExxonMobil and Occidental Petroleum. Critics on the left complain that it's just become a marketing gimmick. But critics on the right claim that it's an end run around the political process.
The fight over who will be the next Speaker of the House continues in Congress, Blackrock faces backlash over ESG investing and Buffalo Bills’ Damar Hamlin wakes up. Get the facts first on Morning Wire.
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