Back in June, Texas Senator Ted Cruz began creating legislation that sweeps the legs out from woke financial giants like BlackRock. The bill he suggested would prohibit “companies that manage investment funds held in federal employee retirement accounts from using those holdings to vote in corporate shareholder meetings to force” ESG and DEI upon private businesses.
It was a bill that was doomed to fail as many politicians, especially the Bidens , have such a close relationship with the investment firm, but Cruz’s shot across their bow set the standard attitude for Republicans running in 2024 toward firms like BlackRock and Vanguard.
This attitude became a simple test. If weakening BlackRock’s hold on America wasn’t part of a Republican’s platform, then they weren’t to be trusted.(READ: Ted Cruz Just Did What Every Republican 2024 Candidate Better Do )Before he became […]
Read the Whole Article From the Source: redstate.com
