Jamie Dimon, CEO of JPMorgan Chase, has been revealed as a behind-the-scenes adviser to President-elect Donald Trump, helping shape a bold policy agenda before and after Trump's decisive victory, according to sources cited by The New York Post.
Twenty-four state attorneys general warned asset managers that their push for environmental, social, and governance (ESG) policies may violate their fiduciary duties.
Senator Josh Hawley (R-MO) sent a letter to Department of Homeland Security (DHS) Secretary Alejandro Mayorkas, demanding answers on matters relating to the July 13 assassination attempt on Donald Trump.
The Texas Permanent School Fund (PSF) announced that it is ending an $8.5 billion investment with BlackRock due to the firm's commitment to environmental, social, and governance (ESG) policies.
As of the conclusion of the prior year, the firm, with its linked enterprises holding assets in the U.S., declared outstanding liabilities amounting to $335 billion.
The demand is for "documents and communications related to the Judiciary Committee's and Weaponization Select Subcommittee's investigation into major banks sharing Americans’ private financial data with the Federal Bureau of Investigation (FBI) without legal process for transactions made in the Washington, D.C., area around Jan. 6, 2021."
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.