Tennessee Takes On BlackRock | Orwell Goes to Arlington | 12/19/23
The A.M. Update
Aaron McIntire
4.9 • 833 Ratings
🗓️ 19 December 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
One man will never, ever drink and drive again. Tennessee takes on ESG and BlackRock. DeSantis on why Trump wasn't and isn't a threat to the system. Trump laments the burning down of cities. And Orwell goes to Arlington National Cemetary.
Transcript
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| 0:00.0 | It's Tuesday, December 19th, 2023. One guy will never ever drink and drive again. Tennessee stands up to Black Rock, |
| 0:07.9 | and John Fetterman, America First, next on the AM update. The driver who plowed into President Biden's |
| 0:19.9 | motorcade as he left his campaign head of quarters |
| 0:21.9 | in Delaware Sunday night was charged with driving while under the influence. |
| 0:25.8 | Authority has announced Monday, James Cooper, 46-year-old from Wilmington, was taken into custody |
| 0:30.0 | after his silver sedan smashed into an SUV blocking an intersection. |
| 0:34.1 | Wilmington police said Cooper was also charged with inattentive driving in addition to |
| 0:37.6 | DUI. Officials say the crash did not appear to be intentional with Cooper likely unaware that it was |
| 0:43.0 | Biden's motorcade that he had struck. Cooper has since been released from custody and given a |
| 0:47.2 | summons to appear in court at a later date. The state of Tennessee has sued BlackRock, |
| 0:52.3 | alleging the world's largest asset manager |
| 0:54.5 | breached consumer protection laws by making misleading statements about its environmental, |
| 0:59.0 | social, and corporate governance investment strategies. |
| 1:01.9 | According to a court filing, the state of Tennessee has alleged BlackRock downplay |
| 1:06.5 | the extent to which ESG considerations drive the firm's investment strategies and their effect |
| 1:11.7 | on companies' financial performance and outlook. Black Rock said they rejected Tennessee |
| 1:16.3 | Attorney General Jonathan Scrimetti's claims, quote, Black Rock fully and accurately discloses |
| 1:21.1 | our investment practices and our approach to proxy voting. Earlier this year, Scrimetti |
| 1:25.3 | demanded 10 major asset managers provide information |
| 1:28.1 | on how they seek to tackle climate change as part of an investigation into potential breaches |
| 1:32.7 | of consumer law. Scrimetti and 20 other Republican state attorneys general also wrote to |
| 1:37.6 | asset managers in March suggesting they're breaching their fiduciary duties in their handling |
... |
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