Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
Under President Joe Biden, the federal bank regulators have been cautious about the proliferation of digital assets around the banking system.

New ad criticizes BlackRock, BofA over ESG

A new ad criticizes some of the biggest financial firms for embracing ESG, the latest effort by conservatives to push against the movement.

The spot from Consumers’ Research argues that “woke financial institutions” are harming farms and ranches and “changing our way of life.” It repeatedly criticizes ESG, which is shorthand for considering environmental, social and governance factors as risks to a company’s bottom line.

Subscripion logo

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Presented by SHEIN

High costs are a top concern for Americans. When inflation spiked in recent years, apparel prices remained low. Learn how SHEIN’s on-demand business model delivers more choice and affordability with less waste.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.