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Florida’s CFO claims state is flourishing with $1.1 billion earnings despite cutting ties with BlackRock.
The Asset Management Giant BlackRock Faces Scrutiny for Controversial Investments
The asset management giant BlackRock continues to blackrock/” title=”Florida’s CFO claims state is flourishing with .1 billion earnings despite cutting ties with BlackRock.”>face growing scrutiny for investment decisions that have been criticized for pushing Environmental Social Governance (ESG) and funding the Chinese war machine—and Florida is reaping financial rewards for walking away from it.
Last week, BlackRock came under fire specifically for its investments in China.
The U.S. House’s China Select Committee found BlackRock—and another company MSCI—directed investments towards Chinese entities that have been accused of human rights abuses and supporting the Chinese war efforts.
Read More From Original Article Here: Florida CFO Says State ‘Thriving’ With Earnings of $1.1 Billion Despite Abandoning BlackRock
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