Dec 16, 2023

BlackRock, State Street subpoenaed by U.S. House in ESG probe

Anonymous 12/15/23 (Fri) 19:18:29 c97501 (9) No.20080582

Friday Night News Dump has Begun!!!!!! Reuters Business @ReutersBiz BlackRock, State Street subpoenaed by U.S. House in ESG probe https://www.reuters.com/sustainability/sustainable-finance-reporting/blackrock-state-street-get-subpoenaed-by-house-esg-probe-bloomberg-news-2023-12-15/ https://twitter.com/ReutersBiz/status/1735815773489103214

https://judiciary.house.gov/media/press-releases/chairman-jordan-subpoenas-blackrock-and-state-street-esg-investigation

December 15, 2023 Press Release

WASHINGTON, D.C. – Today, House Judiciary Committee Chairman Jim Jordan (R-OH) subpoenaed BlackRock and State Street Global Advisors for documents and communications related to the Committee's investigation into the sufficiency of current antitrust laws to address collusive agreements to promote and adopt left-wing environmental, social, and governance (ESG) goals. The Committee wrote to BlackRock on July 6, 2023, requesting documents and communications related to how BlackRock advances ESG policies, in addition to other key information. Although BlackRock has produced some documents, its overall response to the Committee's requests has been inadequate. The Committee wroteto State Street on July 6, 2023, requesting documents and communications related to how State Street advances ESG policies, in addition to other key information. Although State Street has produced some documents, its overall response to the Committee's requests has been inadequate.