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TEXAS RISING: Lone Star State Pulls Over 8 Billion Out Of BlackRock & Is Leading Way to Secure US Border – FULL SHOW 3/20/24
Texas Divestment, BlackRock ESG Movement Blow
Texas officials announced the withdrawal of $8.5 billion from BlackRock, delivering a significant blow to the Environmental, Social, and Governance (ESG) movement. State Board of Education Chairman Aaron Kinsey stated the move complies with a 2021 state law prohibiting investments in financial institutions that boycott the oil and gas sector. This divestment from the Texas Permanent School Fund aims to protect the state's energy-dependent economy.
