U.S. Congress Probes BlackRock and Vanguard over Possible Violations of U.S. Antitrust Law
Posted on 07/09/2023
The U.S House of Representatives is looking into whether asset management giants BlackRock Inc., State Street Corporation, and Vanguard Group are violating U.S. antitrust law due to their efforts to decarbonize their assets “and reduce emissions to zero”. House Judiciary Chairman Jim Jordan and two other House Republicans penned letters to the asset managers that…