How Trump allies and wealthy donors helped to fuel the GOP fight against ESG investing platforms
Publishing timestamp: 2023-03-01 14:32:45
Summary
Conservative groups are targeting Wall Street asset management firms such as BlackRock, Vanguard and State Street over their environmental, social and governance investing platforms. These groups are sponsored by Republican state financial officers and have ties to former President Donald Trump and his allies. The Senate is set to vote on a measure to block the Biden administration from allowing retirement plans to consider ESG factors in their investments. These groups have received funding from Republican donors, including Trump allies, and a donor advisory fund.
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Keywords: business news, donald trump, politics, new orleans, new york, blackrock inc, ken blackwell, larry fink, climate, mike pence, elections,