Texas.gov: Texas pulls $8.5 billion from BlackRock, dealing a significant blow to the ESG movement

The state of Texas is terminating a large $8.5 billion investment with trillion-dollar asset manager BlackRock after determining that the corporation is involved in an energy boycott. Texas State Board of Education Chairman Aaron Kinsey initially shared an announcement with FOX Business, stating that the so-called Texas Permanent School Fund (PSF) sent a notification to [...]