"Federal law has long prohibited treating employees differently because of their race," Cotton stated in the letters, reminding the firms of the Supreme Court's recent declaration that "eliminating racial discrimination means eliminating all of it."
BlackRock "is potentially violating U.S. antitrust law by entering into agreements to ‘decarbonize’ its assets under management and reduce emissions to net zero," the congressmen write.
"It's easier for BlackRock to do things when people aren't thinking about it," Varlay said, adding that BlackRock "doesn't want to be anywhere on the radar."
