01.27.25
State AGs Threaten Financial Institutions Over ESG, DEI Policies
by: Lamar Johnson
Attorneys general (AGs) from 10 states, led by Texas' Ken Paxton, sent letters to six major U.S. financial institutions, warning that some of their diversity, equity and inclusion (DEI) and environmental, social and governance (ESG) commitments could be in violation of state or federal law. The letters were addressed to Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley.
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