Blackrock about to Budlight itself?

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Woke governance that has sent profits spiraling at companies like Anheuser-Busch and Target often begins with lefty investment firms pressuring them to push products their way, an ex-top Anheuser-Busch exec said.

During an appearance on Fox News’ “Jesse Watters Primetime,” Anson Frericks said behind-the-scenes politicking from firms like New York-based BlackRock and Pennsylvania-based Vanguard spur many of the controversial decisions sparking nationwide boycotts from longtime more conservative customers — such as the ill-fated Bud Light promotion with transgender influencer Dylan Mulvaney

He said BlackRock, Vanguard, and another firm, State Street, manage about $20 trillion in capital and use their clout to promote agenda politics being pushed on them by progressive lawmakers overseeing government pension funds that the companies profit from.

https://nypost.com/2023/06/03/lefty-investment-firms-doom-corporate-usa-bud-light/

BlackRock’s CEO Larry Fink said, “you have to force behaviors” in companies regarding “diversity and inclusion.”

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