A Texas state senator has subpoenaed BlackRock to hand over documents related to environmental, social, and governance initiatives — another instance of Republican backlash against the investment firm.
GOP state Sen. Bryan Hughes filed a subpoena to compel BlackRock to hand over ESG-related documents, and he is seeking for BlackRock CEO Larry Fink and others to appear before the State Affairs Committee, which he heads, to answer questions. While dated last month, the subpoena was made public on Wednesday.
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