The White House is sending $36 billion to buttress the Central States Pension Fund, one of the biggest and most troubled funds that manages the pensions of over 350,000 union workers and retirees.
Only a week after Ron de Santis pulled $2 billion in Florida funds from BlackRock, Vanguard, the second biggest asset manager in the world, has abruptly pulled out of GFANZ.
It's remarkable to think that it was just 6 weeks ago when the UK revealed its biggest spending spree in decades - one which sparked a bond market crisis, a political shake up and the resignation of the now former PM Liz Truss.
Missouri plans to remove $500 million of its pension fund investments from BlackRock, making it the latest state to divest from the world's largest asset manager in response to the company's overt leftist agenda.
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