Patronis targets BlackRock as GOP leaders collaborate to discredit ESG
Summary by NewsWall Apr 10 23
- TALLAHASSEE, FLORIDA — When Florida CFO Jimmy Patronis decided to drop BlackRock from managing $2 billion in state treasury funds, he cited company CEO Larry Fink's commitment to deciding where to invest based on climate change and other factors.
- Fink stated that BlackRock is not political.
- BlackRock managed $1.4 billion in long-term bonds for the state treasury, or 2.5% of the state's $60 billion treasury.
- According to records, Patronis dropped BlackRock after his team developed a ranking system based on first-, third-, and fifth-year returns that determined BlackRock ranked 10th out of the state's 12 investment firms.
Story Details
| Last Updated | Mar 24 23 |
| Total Articles | 8 |
Main Topics
News on this topic
House fails to override Biden veto of resolution to overturn investment rule: The House of Representatives on Thursday failed to override President Joe Biden's ...
cnn.com/2023/03/23/politics/veto-override-vote-house/
House Republicans fail to overturn Biden veto on social governance rule - UPI.com
upi.com/Top_News/US/2023/03/23/Joe-Biden-Environmental-social-governance/2841679612719/
Republicans Fail To Override Biden’s First Veto: President Biden rejected a Republican-backed bill earlier this week that would have prohibited retirement fund ...
forbes.com/sites/nicholasreimann/2023/03/23/republicans-fail-to-override-bidens-first-veto/
More news on this subject
Previous
House fails to override Biden veto of resolution to overturn investment rule: The House of Representatives on Thursday failed to override President Joe Biden's ...
cnn.com/2023/03/23/politics/veto-override-vote-house/
House Republicans fail to overturn Biden veto on social governance rule - UPI.com
upi.com/Top_News/US/2023/03/23/Joe-Biden-Environmental-social-governance/2841679612719/
Republicans Fail To Override Biden’s First Veto: President Biden rejected a Republican-backed bill earlier this week that would have prohibited retirement fund ...
forbes.com/sites/nicholasreimann/2023/03/23/republicans-fail-to-override-bidens-first-veto/
Patronis targets BlackRock as GOP leaders work in concert to discredit ESG: At the center of the effort to help Republican officials discredit ESG fund managers ...
orlandosentinel.com/politics/os-ne-patronis-blackrock-divestment-esg-20230323-qtm37grxjbf7pjzhqyxvxnjxum-story.html
Paid articlePaid
Michael J. Fox Says He’s Open to Returning to Acting Despite Retirement: Actor Michael J. Fox may have announced his retirement from acting, but he shared ...
hollywoodreporter.com/movies/movie-news/michael-j-fox-open-return-acting-retirement-1235866731/
Pension: work until 73? Retiring in your late 60s “much more difficult”: In a few decades, younger people might not be able to retire until their early 70s ...
derwesten.de/panorama/vermischtes/rente-eintritt-alter-eintrittsalter-id300920831.html
Social Security cost of living boost in 2025? Early estimate calls for 2.6% increase
freep.com/story/money/personal-finance/susan-tompor/2024/04/18/how-high-could-inflation-drive-social-security-cola-hike-in-2025/73327853007/
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
The New Magic Number for Retirement Is $1.46 Million. Here’s What It Tells Us.: There is no single formula for how much you need to save in your 401(k).
on.wsj.com/3J2sYeI
I’m 72 and work five days a week – it’s impossible to live off the state pension: For Alison Bibbey, retirement isn't an option. Here, she tells i why she ...
inews.co.uk/inews-lifestyle/72-work-five-days-a-week-impossible-live-state-pension-2998175
Do you actually need $1.46 million to retire comfortably?: Discover what financial planners think about whether Americans really need over $1 million to retire ...
simplemost.com/do-you-actually-need-1-46-million-to-retire-comfortably/
Social Security's COLA estimate rises. But seniors could struggle as inflation heats up.
usatoday.com/story/money/personalfinance/2024/04/10/2025-cola-estimate-higher-inflation-social-security/73272852007/
Standoff as Uhuru rejects assigned retired president’s official office: Government wants Uhuru to move into the property that was occupied by Kibaki
nation.africa/kenya/news/standoff-as-uhuru-rejects-assigned-retired-president-s-official-office-4581348
Chris Paul said he isn’t retiring, but is there any future with the Warriors?: "For me, it's always been about winning, whatever that looks like ...
theathletic.com/5421426/2024/04/17/chris-paul-retirements-warriors-future-nba/
Quick Glance: Chris Paul: An Irreplaceable Mentor on the Path to Championship
- Chris Paul is ready for another playoffs run with the Golden State Warriors, relying on his skills and experience to lead his team to success.
- Paul is regarded as a mercenary, playing a unique role in the NBA by supporting teams in challenging situations to transform them into competitive units.
- His outstanding basketball IQ, defensive abilities, and relentless effort have made Paul one of the best players in the league, consistently delivering positive results.
- While Paul still awaits a championship ring, he remains focused and demanding in terms of his teammates' performance, showcasing his unique ability to motivate and nurture young players.
Demographic dividend and the welfare of the elderly - Academia - The Jakarta Post
thejakartapost.com/opinion/2024/04/18/demographic-dividend-and-the-welfare-of-the-elderly.html
Retirement complex murder suspect held in custody: Jonathan Moore, 63, is accused of murdering 80-year-old Henry Mayo
bristolpost.co.uk/news/uk-world-news/retirement-complex-murder-suspect-held-9232695
New warning on cost of being too ill to work and too young for State Pension: A retirement expert warns of the stark reality of ill health in later life before ...
dailyrecord.co.uk/lifestyle/money/new-state-pension-health-warning-32608658
Frank Dreyer stops - Weißenstadt elects new mayor: After more than a year of absence for health reasons, it is now clear: City Hall boss Frank Dreyer is retiring ...
frankenpost.de/inhalt.frank-dreyer-hoert-auf-weissenstadt-waehlt-neuen-buergermeister.61942d53-978f-43d0-9ce8-7373a4188870.html
Paid articlePaid
Court: Gov. Mike DeWine lacked authority to remove teachers' pension board member
dispatch.com/story/news/state/2024/04/18/appeals-court-rules-dewine-lacked-authority-to-change-strs-board/73373688007/
A $1.5 Million Inflation-Resistant Portfolio For Retiring With Dividends: Numerous macro factors make planning for retirement harder than ever ...
seekingalpha.com/article/4684424-a-1-5-million-inflation-resistant-portfolio-for-retiring-with-dividends
Paid articlePaid
I thought I'd retire at 65 — until I discovered FIRE to retire early: I saved in a 401(k), until the FIRE movement taught us that retirement isn't triggered by ...
businessinsider.com/personal-finance/planned-retirement-until-discovered-fire-2023-8
New ‘Fiduciary Rule’ Is Coming in Long Fight Over Retirement Advice: Today, loopholes allow advisors and insurance brokers and agents to recommend products that ...
barrons.com/articles/fiduciary-rule-final-retirement-6cb8e45e
Paid articlePaid
Bundeswehr reform: lightning farewell planned for top medical general: The inspector of the medical service, 3-star General Ulrich Baumgärtner ...
businessinsider.de/politik/deutschland/bundeswehr-reform-blitz-abschied-fuer-obersten-sanitaets-general-geplant/
Paid articlePaid
The couple from Ahaus are looking forward to the launch of the Ariane 6 rocket: Even in retirement, the Hildebrandt couple from Ahaus often think of the ESA ...
zevener-zeitung.de/Nachrichten/Ahauser-Ehepaar-fiebert-dem-Start-der-Rakete-Ariane-6-entgegen-204319.html
Paid articlePaid
Bitcoin returns “too significant to ignore” for world’s retirement plans: There is a growing recognition today that Bitcoin has permanence as an asset class ...
cointelegraph.com/news/bitcoin-investment-returns-retirement-pensions
‘Nurses are still eating their young’: 7,887 RNs on why they left jobs: Poor leadership, burnout and workplace prejudice against minorities were also reasons ...
ajc.com/pulse/nurses-are-still-eating-their-young-7887-rns-on-why-they-left-jobs/3ASUVM3GJZCYXOYKSFTSM5X4KA/
Ex-tennis star decided to come back on the court!: A former tennis player has announced his intention to return to the court
tennisworldusa.org/tennis/news/Tennis_Stories/144028/extennis-star-decided-to-come-back-on-the-court/
'I'm saying goodbye after delivering thousands of babies – I've loved looking after families during the most special moments'
expressandstar.com/news/health/2024/04/17/im-saying-goodbye-to-the-nhs-after-delivering-thousands-of-babies-and-have-loved-looking-after-families-during-the-most-special-moments-of-their-lives/
Nearly £2bn worth of pensions lost due to financial providers and advisers folding
inews.co.uk/inews-lifestyle/money/pensions-and-retirement/nearly-2bn-pensions-lost-financial-providers-advisers-folding-3008021
New State Pension pay delay warning for older people nearing DWP retirement age: The full New State Pension will be worth £221 each week during the 2024/25 ...
dailyrecord.co.uk/lifestyle/money/new-state-pension-pay-delay-32573148
How should this newly retired couple turn their savings into income? Plus: What to know as RRSP reporting measure takes effect
theglobeandmail.com/investing/article-how-should-this-newly-retired-couple-turn-their-savings-into-income/
Auto-enrolment pension legislation finally introduced in Dáil 25 years after it was first discussed
irishtimes.com/politics/2024/04/16/auto-enrolment-pension-legislation-finally-introduced-in-dail-25-years-after-it-was-first-discussed/
‘Can I retire at 64?’ I’m single with about $1 million saved and will inherit $600,000. But I have $38,000 in credit card debt and $3,000-$5 ...
marketwatch.com/picks/can-i-retire-at-64-im-single-with-about-1-million-saved-and-will-inherit-600-000-but-i-have-38-000-in-credit-card-debt-and-3-000-5-000-in-monthly-expenses-who-can-help-0a02ba8e
‘The 401(k) industry owns Congress’: How lawmakers quietly passed a $300 billion windfall to the wealthy
politico.com/news/2024/04/13/how-your-401k-ate-the-federal-budget-00150319
Retirees Face Significant Tax Bills Due to Fraud: A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
kiplinger.com/taxes/retirees-face-tax-bills-due-to-theft-losses
Ageing countries benefit from immigrant labour, but workers themselves have difficult retirements
scroll.in/article/1066622/ageing-countries-benefit-from-immigrant-labour-but-workers-themselves-have-difficult-retirements
My teenagers filed taxes for the first time, and they weren’t happy about it: They asked some good questions I couldn’t fully answer — even though I’m a ‘smart ...
marketwatch.com/story/my-teenagers-filed-taxes-for-the-first-time-and-they-werent-happy-about-it-7e843259
Sulner's mayor is retiring: ...
vn.at/heimat/2024/04/15/sulner-buergermeister-geht-in-den-ruhestand.vn
Paid articlePaid
Peru Passes Bill Allowing for $7 Billion in Retirement Pension Withdrawals: Peru’s Congress overwhelmingly approved a bill late Thursday allowing workers to tap ...
bloomberg.com/news/articles/2024-04-12/peru-passes-bill-allowing-for-7-billion-in-pension-withdrawals
Paid articlePaid
President Biden unveils latest student loan forgiveness plan: The proposal would provide debt relief to more than 30 million borrowers when combined with Biden's ...
richmond.com/news/nation-world/government-politics/wisconsin-joe-biden-president-student-loan-forgiveness-deb-madison-election-2024/article_7ee21e1a-6b8d-5ee3-930e-da814ecc30a3.html
Quick Glance: Biden Seeks Student Debt Relief
- The Biden administration unveils plans to erase student debt for millions of Americans to fulfill a 2020 presidential promise.
- The proposed new program aims to provide targeted relief to specific groups of borrowers, including long-term debt holders and those in financial distress.
- Over 25 million borrowers are set to benefit from up to $20,000 in interest cancellation, with automatic relief planned for eligible borrowers.
- In addition to these reliefs, long-term borrowers and those experiencing financial hardships will also receive assistance, with the debt relief process expected to take some time.
Volunteering: Appen woman still not thinking about quitting at 72: Waltraud Hörmann is not only the chairwoman of the DRK local association in Appen ...
shz.de/lokales/pinneberg-schenefeld/artikel/ehrenamt-appenerin-denkt-auch-mit-72-jahren-nicht-ans-aufhoeren-46810094
Paid articlePaid $30 billion in benefits are unclaimed each year – this is who’s missing out: Lack of awareness, education and fear are among the biggest barriers
marketwatch.com/story/30-billion-in-benefits-are-unclaimed-each-year-this-is-whos-missing-out-698c52a0
I’m about to take from my pension for the first time. What should I look out for?
inews.co.uk/inews-lifestyle/money/pensions-and-retirement/pension-first-time-money-clinic-2993667
NPS vs PPF: Which retirement plan should you choose?: Investors view both NPS and PPF as excellent retirement investment options, as these schemes are ...
financialexpress.com/money/nps-vs-ppf-which-retirement-plan-should-you-choose-3452697/
Charlie Dimmock opens Romsey's Glebe Court development: BBC gardening start Charlie Dimmock opened a retirement community development.
dailyecho.co.uk/news/24192715.charlie-dimmock-opens-romseys-glebe-court-development/
Change of leadership in the two Johanniter houses in Gardelegen: Ramona Gebur has retired.
az-online.de/altmark/gardelegen/fuehrungswechsel-in-den-beiden-johanniterhaeusern-in-gardelegen-93007795.html
Here's One Thing Americans Would Take a Pay Cut For — Besides Remote Work: A survey released by Empower on Friday showed that almost half of respondents ...
entrepreneur.com/business-news/americans-would-take-a-pay-cut-for-more-retirement-benefits/472643
Judgment against doctor for assisting suicide: He speaks of humanity, the court of manslaughter
spiegel.de/panorama/justiz/berlin-urteil-wegen-suizidhilfe-arzt-christoph-turowski-soll-drei-jahre-ins-gefaengnis-a-157a7010-ebe5-4e36-b430-4a033667fa24
Paid articlePaid Rafael Nadal's words are honest but worrying: retirement is close: The Spanish champion questions his participation in Barcelona and Madrid: the future is ...
tennisworldusa.org/tennis/news/Editors_Thoughts/143829/rafael-nadal-s-words-are-honest-but-worrying-retirement-is-close/
3 Risks Higher Interest Rates Pose to Your Retirement Plan: How to avoid the pitfalls.
morningstar.com/retirement/3-risks-higher-interest-rates-pose-your-retirement-plan
Parliament okays Shs500m ‘service award’ to retiring AG Muwanga: MP Nandala Mafabi had proposed a Shs1b reward to the outgoing Auditor General John Muwanga
monitor.co.ug/uganda/news/national/parliament-okays-shs500m-service-award-to-retiring-ag-muwanga-4584924
Investors Brace for $7 Billion Pension Withdrawal Bill in Peru: Investors fear a proposal that would allow Peruvians to tap their retirement savings could force ...
bloomberg.com/news/articles/2024-04-09/investors-brace-for-7-billion-pension-withdrawal-bill-in-peru
Kerstin Finger: “I didn’t have to, I wanted it”: The Drömlings sparrows will soon stop chirping.
az-online.de/altmark/gardelegen/der-miester-grundschul-chor-steht-vor-dem-aus-92995366.html
Sponsored: Six Ways to Use Robinhood for Investing, Retirement Planning and More: Robinhood is among the best ways to manage your money online — learn more about ...
hollywoodreporter.com/lifestyle/shopping/how-to-invest-with-robinhood-ira-matching-retirement-planning-1235865009/
Five ways to reduce your taxable income for 2024: ‘By shrinking your income, you’re saving money. That’s the bottom line.’
marketwatch.com/story/five-ways-to-reduce-your-taxable-income-for-2024-a8239435
‘I should be way ahead of this.’ I’m 69 and have been faithfully putting $500 a month into a Roth IRA, but only have $34,000 saved. Who can help me?
marketwatch.com/picks/i-should-be-way-ahead-of-this-im-69-and-have-been-faithfully-putting-500-a-month-into-a-roth-ira-but-only-have-34-000-saved-who-can-help-me-7dc1352c
UK Pensions Triple Lock: What Is It, and Why Is It Controversial?: The UK’s pension “triple lock” commits the government to providing minimum yearly increases in ...
bloomberg.com/news/articles/2024-04-02/uk-pensions-triple-lock-what-is-it-and-why-is-it-controversial
Paid articlePaid How Dividends Can Protect Your Retirement: Different types of protective measures have long been used by investors to guard against market events ...
seekingalpha.com/article/4682527-how-dividends-can-protect-your-retirement
Paid articlePaid
Orpo says border threat "evident" as Finland prepares deportation law: A law is in the works to prevent those attempting to cross the eastern border from seeking ...
yle.fi/a/74-20082480
Heather Humphreys reveals details of automatic enrolment pension scheme: All employees will have access to a workplace pension savings scheme combining ...
irishexaminer.com/news/arid-41368477.html
Missouri in hunt for new gambling czar amid possible expansion of industry: Missouri’s top gambling regulator is retiring, leaving gaming officials to search for ...
stltoday.com/news/local/government-politics/missouri-in-hunt-for-new-gambling-czar-amid-possible-expansion-of-industry/article_f1d0e5b0-f363-11ee-b842-0f40792fcb32.html
Thousands of NHS staff face choice that could boost pensions by five-figure sums: Over 14,000 doctors, dentists and other NHS staff may have a decision to make ...
inews.co.uk/inews-lifestyle/money/pensions-and-retirement/thousands-nhs-staff-boost-pensions-choice-2990339
Botanical Garden: Frank Telöken begins his retirement: Anyone who thinks of the Botanical Garden also thinks of Frank Telöken: The garden manager has been in the ...
wuppertal-total.de/stadtleben/botanischer-garten-frank-teloeken-leitet-seinen-ruhestand-ein/
Bleckede: Change of leadership in the regional tourism agency Flusslandschaft Elbe GmbH
landeszeitung.de/lokales/lueneburg-lk/bleckede-fuehrungswechsel-in-der-regionalen-tourismusagentur-flusslandschaft-elbe-gmbh-FIPSCJSA5FHSBP54EWUVFSGM4M.html
I’m 74. If I went back to work, could I stop taking my RMD?: ‘I would be partially unretired’
marketwatch.com/story/im-74-if-i-went-back-to-work-could-i-get-out-of-my-rmd-74a611cf
Make an IRA Contribution Before Tax Day. Then, Think Hard About Investing It.: Small-caps, value, and foreign stocks look could be better bets than the S&P 500.
barrons.com/articles/ira-contribution-taxes-hsa-value-small-caps-retirement-4ceaf7b9
Paid articlePaid Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics