Newsmakers
GOP-Led States Ban Pension Plans From Dealing With ESG-Backing Firms
Texas probes whether BlackRock and other asset managers are boycotting fossil fuels.
The regulator released its annual report identifying the greatest risks facing investors and the markets.
Legislation identifies sustainable investing as being among ‘disfavored state investments.’
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.