GOP lawmakers vilify ESG moves at BlackRock, Vanguard but take their money nonetheless
Publishing timestamp: 2023-02-22 09:27:12
Summary
Republican lawmakers who have criticized Wall Street money managers for their ESG practices have taken tens of thousands of dollars in campaign donations from the same firms. Conservative activists have been pressuring Republicans to block corporations and executives that use their influence to promote ESG plans. Despite this, many Republican lawmakers have received donations from the firms they are criticizing. Campaign ethics experts have questioned whether there can be any consequences for companies in the congressional inquiry into ESG-related practices.
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Tickers: GSBD, BLK, AVD, GS, STT,
Keywords: goldman sachs group inc, goldman sachs bdc inc, politics, state street corp, climate, blackrock inc, wall street, american vanguard corp, larry fink, business news,
Source: https://www.cnbc.com/2023/02/21/gop-lawmakers-esg-blackrock-vanguard.html