Tuesday, June 28, 2022

U.S._ The White House’s Secret Meetings With BlackRock Are a Major Threat to Freedom

RedState

The White House’s Secret Meetings With BlackRock Are a Major Threat to Freedom

By The Heartland Institute
| Jun 28, 2022 1:00 PM ET


(AP Photo/Mark Lennihan, File)

(The opinions expressed in guest op-eds are those of the writer and do not necessarily represent the views of RedState.com.)


BlackRock controls more assets than any other investment management firm on Wall Street, with about $10 trillion now under management. (Yes, that’s “trillion” with a “t.”)

BlackRock has used much of this wealth to seize control of sizeable minority stakes in numerous publicly traded companies, making BlackRock and its CEO, Larry Fink, the most powerful forces in corporate America. When BlackRock and Fink speak, Wall Street listens.

There is emerging evidence, however, that BlackRock’s influence is not limited to the corporate and financial spheres. After years of building political alliances and making a laundry list of strategic hires, BlackRock has managed to amass huge amounts of political clout within the Biden administration and U.S. Federal Reserve, allowing them to develop unprecedented strategic partnerships and, according to our new research, gain access to officials in the White House.

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READ MORE: https://redstate.com/heartlandinstitute/2022/06/28/the-white-houses-secret-meetings-with-blackrock-are-a-major-threat-to-freedom-n585532

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