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 Biden administration is reportedly preparing to reinstate full COVID lockdowns, beginning with mask mandates for TSA and airport employees as early as mid-September.
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.
The hearing concluded that ESG measures are harming the ability of businesses to provide financial returns, leading to negative impacts on retirees and pensions.