NEW – BlackRock, Vanguard "use their clout to promote agenda politics" in companies, sparking nationwide boycotts from customers.t.co/o6g1U1Il90
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.
BlackRock’s CEO Larry Fink said, “you have to force behaviors” in companies regarding “diversity and inclusion.”
MORE – BlackRock's CEO Larry Fink said, "you have to force behaviors" in companies regarding "diversity and inclusion." pic.twitter.com/CSom8Bv9TU
Oh no would nobody think of the satanists pic.twitter.com/fzSvNf2P9H
— Clown World Today 🤡🌎 (@cwt_news) June 3, 2023
— Daily Mail Online (@MailOnline) June 3, 2023
— Sir Doge of the Coin ⚔️ (@dogeofficialceo) June 3, 2023