BlackRock CEO Larry Fink Wants Social Security Money In the Market— Here's Why - BlackRock (NYSE:BLK)

Major Social Security Change for Millions Proposed to 'Build Wealth'

Larry Fink argued that the nearly century‑old program provides stability but fails to help Americans build long‑term wealth.

BlackRock CEO Larry Fink Wants Social Security Money In the Market— Here's Why - BlackRock (NYSE:BLK)

BlackRock Inc. (NYSE:BLK) CEO and Chair Larry Fink said Social Security remains “one of the most effective poverty-prevention programs in history” but fails to help Americans build long-term wealth. “The issue is: Social Security provides stability, but it doesn’t allow most Americans to build wealth in a way that grows with their country,” Fink wrote in his annual chairman's letter released Monday. Push For Investment Shift In his annual letter…

Social Security 'doesn't allow most Americans to build wealth,' BlackRock's Larry Fink says

Social Security is "one of the most effective poverty-prevention programs in history," but it could be improved, BlackRock CEO Larry Fink wrote in a new letter.