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 District Office Judy Keenan requesting her office investigate BlackRock for a variety of their employment policies that appear to violate federal laws, including with BlackRock Founders Scholarship.
As a part of their Diversity, Equity, and Inclusion (DEI) efforts, BlackRock gives out what they call the “Founder Scholarship,” which is given to undergraduate or master’s students “who self-identify as Black or African American, Hispanic or Latino, Native American, LGBTQ+ or disabled.” The scholarship provides the recipient with an internship at BlackRock and $17,500….