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BlackRock – Page 2 – XtremeCuztoms

Category: BlackRock

IN-DEPTH: Democrats Decry GOP Anti-ESG Hearing as ‘An Attack on Economic Freedom’

Finance and energy experts testified before the House Oversight Committee on Tuesday that the environmental, social, and governance (ESG) movement is impairing Americans’ retirement savings, reducing living standards, and infringing on civil rights, while Democrat members protested that GOP efforts against ESG threatened Americans’ economic freedom. “As American families continue to struggle under rampant inflation,…


BlackRock Pushing Chinese Social Credit System in America: News Editor

A news editor slammed BlackRock for attempting to push a Chinese regime-style social credit system into American industry and warned in a recent interview that CEOs were feeling the heat due to such attempts. Breitbart’s economics editor, John Carney, said that BlackRock, with its environmental, social, and governance (ESG) agenda, was trying to implement China’s…


State Attorneys General Act to Stop BlackRock from Acquiring Large Stakes in US Electric Utilities

State attorneys general of 17 states filed a motion this week with the Federal Energy Regulatory Commission (FERC) to stop BlackRock, the world’s largest asset manager and an outspoken advocate for replacing fossil fuels with wind and solar power, from acquiring large shares in America’s utility companies. To protect the independence and stability of America’s…


Oklahoma Targets Wall Street ESG Activists

Oklahoma became the latest state to take action against Wall Street firms that it claims are hurting companies that are essential to providing jobs and energy for the state. Oklahoma Treasurer Todd Russ announced on Wednesday that 13 financial institutions, which have been deemed to be discriminating against Oklahoma’s energy industry, will be banned from doing business with the state, losing…


Tucker Carlson Saga: Inside BlackRock’s $1.5 BILLION Investment in Fox News | Facts Matter

Last week, after we published an episode going through how Fox News lost money, lost ratings, and lost paying subscribers (all because they fired Tucker Carlson), a lot of people left comments below that video, urging us to look into the role that BlackRock played in the whole affair. An article from Forbes magazine suggested…


IN-DEPTH: States Fight ESG Industry, Despite Costs and Long Odds

As conservative states push back against the progressive agenda of Wall Street banks and asset managers, some analysts are warning that “anti-ESG” states will pay a price for taking on Wall Street and the ESG industry. North Carolina State Treasurer Dale Folwell has enacted several measures, including calling on Larry Fink, CEO of BlackRock, the…


Legal Nonprofit Files Complaint Against BlackRock’s ‘Racist’ Hiring Practices

America First Legal Foundation (AFL) filed a complaint with the U.S. Equal Employment Opportunity Commission (EEOC) to ask them to open an investigation into BlackRock for engaging in what they called “unlawful” and “racist” employment practices. Vice President and General Counsel at AFL Gene P. Hamilton sent a letter to the EEOC Director of New York…


Companies Go Woke, Consumers Fight Back With Their Wallets

As corporate culture goes woke, conservative Americans have punched back. Thanks to organizations like Consumers Research, which examines the actions of corporations and alerts customers if companies go woke, consumers can support businesses that respect and share their values. For example, Bud Light has recently experienced a loss in sales due to its transgender collaboration….


BlackRock’s Larry Fink and the New Post-ESG Realism

Commentary As regular as the turn of the seasons, each January sees Larry Fink, founder and CEO of BlackRock, the world’s largest asset manager, publish a lengthy letter on the state of the world and its implications for finance and investors. This year, January turned to February, and still no letter. Instead, February saw Tim…


Climate Is Important, but Oil Is ‘Vital,’ Admits BlackRock CEO: We’re Not ‘Environmental Police’

BlackRock CEO Larry Fink admitted in a 2023 annual letter to investors that oil and gas are “vital” to global energy demand—a shift from his earlier stance promoting a climate change agenda which focused on progressive values that denounce fossil-based fuels. “For years now, we have viewed climate risk as an investment risk. That’s still…