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FIGHTING BACK: State Treasurer Withdraws Nearly $800 Million in Funds From BlackRock Over Leftist "ESG" Efforts
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Louisiana Treasurer John Schroder sent a letter to BlackRock CEO Larry Fink explaining that Louisiana is withdrawing its funds from Blackrock. The reasoning was BlackRock's support for “blatantly anti-fossil fuel policies” that “would destroy Louisiana's economy” according to the letter. BlackRock has promoted ESG standards which includes using publicly traded funds to incentivize a transition…
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