Texas removes BlackRock from state blacklist after ESG pushback
After pulling back from ESG initiatives (Environmental, Social, and Governance) as a result of pushback from Texas trade officials, BlackRock (BLK) was removed from the state's blacklist that bars financial institutions from from being state contractors and receiving state investments.
Yahoo Finance legal correspondent Alexis Keenan comes on Market Domination Overtime to explain the events and what this victory means for BlackRock and CEO Larry Fink.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
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