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Mississippi hits BlackRock with cease and desist, threatens massive fine over ESG policies

  • Mississippi's Secretary of State sent a cease and desist letter to BlackRock regarding alleged misleading of clients about ESG investing.
  • BlackRock claims to prioritize clients' investments while facing backlash and lawsuits for ESG practices.
  • BlackRock faced backlash and lawsuits for ESG practices, including potential penalties for misleading investors.
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  • 82% of the sources lean Right
82% Right
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Townhall broke the news in Washington, United States on Wednesday, March 27, 2024.
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