Banks, asset managers should ignore calls for ESG and woke capitalism and stick to what they do best
Fox News
By promoting ESG, the Left uses capital, the banking industry and Wall Street’s largest asset managers to shape policy in ways they can’t achieve through the legislative process.
In the first six months of 2022, BlackRock lost $1.7 trillion of their clients’ money. Similarly, Sri Lanka had a nearly perfect ESG rating and was lauded globally by liberal elites, yet it was forced to declare bankruptcy, and its president was forced to resign after the country could no longer afford basic fuel and food for the nation.
The Left uses capital, the banking industry and Wall Street’s largest asset managers to shape policy in ways they can’t achieve through the legislative process. Now agencies from the Securities and Exchange Commission (SEC), to the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Consumer Financial Protection Bureau (CFPB) want to get into the ESG business.
Chaotic scenes broke out at the New York state Capitol in Albany on Wednesday as raging pro-illegal immigration activists and Democrat lawmakers attempted to confront Border Czar Homan over his immigration clampdown efforts.
President Donald Trump has long advocated for NATO allies to ramp up defense spending to between 2% to 5% gross domestic product.
Rep. John Larson, D-Conn., melted down in a screaming fit over Elon Musk and DOGE before House Ways and Means Committee colleagues on Wednesday.
Texas Attorney General Ken Paxton is investigating Dallas and its police department over its refusal to comply with state and federal immigration laws.
A new Heritage Foundation report calls for making Israel a "strategic partner" that isn't dependent on U.S. aid and proposes that direct aid should be phased out.
Democrats are torn on how to vote for Trump's budget bill amid a looming government shutdown if an agreement is not made.
Senate Democrats are divided on how they will vote on a bill to avert a government shutdown.
Senate Democrats are divided on how they will vote on a bill to avert a government shutdown.
A once-busy border sector just east of San Diego has become quiet since President Donald Trump took office and began aggressively securing the border, says a veterans group.
The number of nationwide gotaways has declined significantly under President Donald Trump compared to the throes of President Joe Biden's administration.
The early moves in the 2028 White House race - at least among the Democrats - are getting underway - as potential presidential contenders grab plenty of attention
President Trump holding out "hope" that Russian President Putin will "do the right thing" and agree to a ceasefire just moments after Moscow said there was more to discuss on a truce with Ukraine.
A federal judge ordered the Trump administration to reinstate probationary workers who were let go in recent mass firings from six different agencies, including the Department of Defense.