New Report Adds to Conflict of Interest Concerns Surrounding BlackRock’s Advisory Role in Trudeau’s Canada Infrastructure Bank
On August 27, 2018, CfA released a new report detailing how BlackRock – the world’s largest asset manager – appears to have been intimately involved not only in advising the Trudeau government about the creation of its Canada Infrastructure Bank, a government-backed financial institution championed by Prime Minister Justin Trudeau, but also in the government’s appointment of key Bank personnel and staff. The new revelations add to the growing conflict of interest concerns surrounding the Bank’s creation and provide new evidence for those calling for a full investigation of BlackRock’s advisory role with the Trudeau government.
Campaign for Accountability Launches the “BlackRock Transparency Project” to Investigate the Political Influence of World’s Largest Asset Manager
On June 27, 2018, CfA launched the BlackRock Transparency Project to investigate the influence of BlackRock – the world’s largest asset manager – on governments, public policy, and our everyday lives. As a part of the launch, CfA has released three new reports tracking BlackRock’s efforts to influence government.
Watchdog Asks Senators to Include TRON, Circle in Crypto Terror Financing Probe
Today, Campaign for Accountability sent a letter to Senators Sherrod Brown (D-OH) and Elizabeth Warren (D-MA) alerting them to additional facts surrounding the role that crypto entrepreneur Justin Sun, his blockchain TRON, and the US-based stablecoin issuer Circle may be playing in the financing of terrorist organizations.
The New Corporate Colonialism
On September 26, 2018, CfA released a new report, "The New Corporate Colonialism," which comprehensively documents BlackRock’s efforts to expand its infrastructure business in Mexico through aggressive courtship of Mexican political leaders and organizations mired in corruption and conflict of interest scandals.
CfA exposes corporations and investors that attempt to influence government officials for their personal financial gain at the expense of the public interest.
Broad Coalition Urges McConnell to Drop Secret-Money Rider
On September 26, 2016, 37 organizations signed an open letter to Senate Majority Leader Mitch McConnell, urging McConnell to reject any poison pill language in budget legislation that would prohibit the Securities and Exchange Commission from strengthening corporate disclosure laws by requiring transparency of secret political spending.