Posted on 07/06/2023 10:25:59 PM PDT by RandFan
House Judiciary Chairman Rep. Jim Jordan and two other House Republicans sent four letters to the heads of massive companies such as BlackRock and Vanguard, calling on them to explain corporate environmental, social and governance (ESG) efforts that could violate federal antitrust laws.
The Daily Caller first obtained copies of the letters, which were sent Thursday to the heads of Glasgow Financial Alliance for Net Zero (GFANZ), Vanguard, BlackRock and State Street. Jordan was joined by Republican North Carolina Rep. Dan Bishop and Republican Kentucky Rep. Thomas Massie.
In all of the letters, the lawmakers say the companies appear to have potentially violated U.S. antitrust law by coordinating and entering into collusive agreements to “decarbonize” assets under management and reduce emissions to net zero.
(Excerpt) Read more at dailycaller.com ...
From another thread:
...”Anson Frericks said behind-the-scenes politicking from firms like New York-based BlackRock and Pennsylvania-based Vanguard spur many of the controversial decisions sparking nationwide boycotts from longtime more conservative customers — such as the ill-fated Bud Light promotion with transgender influencer Dylan Mulvaney
He said BlackRock, Vanguard, and another firm, State Street, manage about $20 trillion in capital and use their clout to promote agenda politics being pushed on them by progressive lawmakers overseeing government pension funds that the companies profit from....”
Nothing will come of it.
From another thread:
...”Republicans have been fighting the ESG push from Democrats led by the Biden administration. In March, the Republican-controlled House approved a measure to block Biden’s new rule that permitted including social justice and climate change principles as criteria for pension investments.
Sen. Rick Scott (R-Fla.) said that in allowing people’s pension funds to be used for ideological purposes, the Biden administration is “giving away the basic rights of American citizens to give more power to the radical left.”
“If you put money into a retirement plan, you expect to get the best return you can get; you expect that whoever is running it is a fiduciary to get the best return possible. What the Biden administration is saying is ‘no, you don’t have to do that … if you have some social agenda, you can focus on your social agenda.’”... /snip
Take down Black Rock and Vanguard and all this ESG rap will stop.
You go for the head and the balls. Then the rest will collapse like a cheap suit.
same goes for soros gates and zuckerbrot cut the head of the snake and the rest fall!
Who gives a crap? The GOP is less than a toothless tiger.
Lawmakers aren't pushing anything on them. BlackRock is basically the deep state's money laundering shell company. Think of a Global Feudalist system being promoted by WEF, and BR as one of the many lords maneuvering to be king of the world.
demoncraps and neocons are just their useful idiots.
ping
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.