BlackRock calls Texas’ $8.5 billion divestment ‘reckless’ and ‘irresponsible’: ‘Political-driven decision making’
Wealth management firm BlackRock criticized Texas’ decision to cancel an $8.5 billion investment this week as “reckless” and “irresponsible.” fox business report. On Tuesday, Texas Education Commissioner Aaron Kinsey announced that the state’s Permanent School Fund, which supports public schools, will make a multibillion-dollar investment in BlackRock because of BlackRock’s environmental, social, and governance efforts. […]