First Look: Digging Into BlackRock’s DC Footprint
By: Victoria Guida, Politico Morning Money, September 5, 2019
BlackRock has dramatically ramped up its lobbying and political spending since the 2008 financial crisis to become a dominant force in Washington and has heavily favored Democrats with its campaign contributions, according to a new watchdog report out this morning.
Click here to read CfA’s report.
The Campaign for Accountability, which has launched an entire website dedicated to publicizing BlackRock’s activities, argues the asset manager deserves particular attention because of its influence on Washington policymaking. BlackRock, the largest asset manager in the world, has contributed more than 60 percent of its contributions to Democrats in every election since 2008, according to the report.