More States are divesting from investment company BlackRock, Inc. due to the firm’s ESG (environmental, social, and governance) political agenda. Missouri State Treasurer Scott Fitzpatrick said that the financial interests of Missouri state employees who rely on their investment funds for retirement are the State’s priority.
Other States that have divested from BlackRock are Arizona, Arkansas, Florida, Idaho, Kentucky, Louisiana, North Dakota, Oklahoma, South Carolina, Texas, Utah, West Virginia, and Wyoming. -JD
“We should not allow asset managers such as BlackRock, who have demonstrated that they will prioritize advancing a woke political agenda above the financial interests of their customers, to continue speaking on behalf of the state of Missouri. It is past time that all investors recognize the massive fiduciary breach that is taking place before our eyes, and do something about it.”
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