Parents increasingly find family court judges, who make life-changing decisions involving children, have fully bought into the agenda pushed by Biden-Harris administration-backed transgender activists.
Read MoreAuthor: Daily Caller News Foundation
Overwhelming Majority of College Faculty Plan to Vote for Harris, Poll Shows
Nearly 80% of college faculty support the Democratic presidential ticket in the upcoming election, according to an Inside Higher Ed/Hanover Research survey released Monday.
Only 8% of faculty surveyed expressed support for former president Donald Trump, while 78% expressed support for Vice President Kamala Harris, the poll shows. More than half of respondents said their politics are “somewhat” or “much” further left than the students on their campus.
Read More‘There’s Going to Be Pain’: Restaurant Chains Are Falling Like Dominoes as Inflation Under Biden-Harris Takes Its Toll
Restaurant chains and operators are slated to have their most bankruptcies in decades apart from 2020, a Wall Street Journal analysis of Chapter 11 filings found Monday.
The bankruptcies seen this year are rivaling those seen during the COVID-19 pandemic in 2020, when restrictions and other pandemic-related disruptions caused the industry’s sales to fall $240 billion, according to the WSJ. The surge in bankruptcies comes as prices have increased over 20% since President Joe Biden took office in January 2021, raising operational expenses for restaurants and making customers less inclined to eat out.
Read MoreWalz Granted Hundreds of Thousands to Meatpacker That Had Kids Cleaning Processing Plant
Democratic Minnesota Gov. Tim Walz awarded up to $126,000 in taxpayer funds to meat processor JBS after an investigation revealed some of the company’s processing plants were cleaned using child labor.
The U.S. Department of Labor found in February 2023 that at least 31 children were employed “in hazardous occupations to clean dangerous powered equipment during overnight shifts at JBS USA plants,” though they were employed by a third-party cleaning service rather than by JBS directly. Minnesota’s Office of Higher Education then announced a grant in June to fund job training for 28 staff members at the JBS plant in Worthington, Minnesota — a plant at which at least 22 children had been illegally employed to clean.
Read MoreTrump Leading Harris in All Major Swing-State Polling Averages as Election Hits Home Stretch
Former President Donald Trump is ahead of Vice President Kamala Harris in all of the top swing states as the end of the presidential race draws closer, according new RealClearPolitics polling averages.
Trump has a 0.8 point lead pulling 48.3% support across seven key battleground states compared to Harris at 47.5%, according to the polling averages. The Republican presidential nominee is ahead of Harris in the states of Wisconsin, Georgia, Michigan, Arizona, Pennsylvania, North Carolina and Nevada. on October 16, 2024 in Washington Crossing, Pennsylvania.
Read MoreTrump Assassination Attempt Suspect Seeks Judge’s Recusal from Case
The man accused of attempting to assassinate former President Donald Trump at his Florida golf course in September filed a motion Thursday requesting that U.S. District Judge Aileen Cannon recuse herself from the case.
Ryan Routh’s legal team raised concerns about Cannon’s impartiality due to her appointment by Trump and the former president’s public praise of her judicial decisions regarding his classified documents case, according to the motion. Routh’s attorneys argued that the unique nature of the case could lead the public to question the fairness of the proceedings.
Read MoreLawsuit Seeks to Stop Implementation of Bible Lessons in Oklahoma Schools
A group of parents, teachers and religious leaders filed a lawsuit Thursday with the Oklahoma Supreme Court challenging a new state requirement to teach the Bible in public schools.
Oklahoma Superintendent Ryan Walters announced the mandate for children in grades five through 12 be taught lessons on the Bible “as an instructional support into the curriculum” in June, and was quickly met with pushback from schools refusing to implement the rule. The suit alleges the mandate, which allocates $3 million to the Bibles, violates the state Constitution’s prohibition on spending public funds on religious items and is contrary to religious freedom.
Read MoreActBlue’s Security Measures Don’t Address Fundraising Loophole Flagged by GOP Lawmakers
Security measures implemented by the largest payment platform used by Democratic candidates to process political donations failed to address GOP concerns that spurred the payment processor to respond in the first place.
In 2023, Republican Florida Sen. Marco Rubio and Republican Wisconsin Rep. Bryan Steil both raised concerns that ActBlue not requiring users to input a credit verification value (CVV), the three numbers on the back of credit cards, when making donations increased the risk of fraudulent contributions being made. ActBlue has since required that donors using debit or credit cards on their platform input CVVs. The requirement, however, can be easily circumvented by donating through PayPal, Google Pay or Venmo, all of which are still options on ActBlue.
Read MoreFamily Fighting Back After Maryland Takes Child Away After Not Confirming ‘New Found Sexual Orientation’
John was out shopping for his youngest son’s birthday in July 2021 when he received a panicked call from his wife. A state child welfare worker and police officers were at their home, trying to take away their autistic son. The social worker claimed the Christian family’s refusal to affirm his apparently newfound sexual orientation was child abuse.
John raced home in time to record a video of the harrowing encounter.
Read MoreChinese Communist Party Espionage ‘Expanded Rapidly’ Under Biden-Harris, House GOP Finds
by Philip Lenczycki Espionage, illegal immigration and other illicit activities linked to the Chinese Communist Party (CCP) have increased dramatically under the Biden-Harris administration, according to a House report exclusively obtained by the Daily Caller News Foundation. A “China Threat Snapshot” released Thursday by the House Committee On Homeland…
Read MoreCommentary: America Needs the Trump Tax Cuts
The Biden-Harris administration has become synonymous with an economy in tatters. Americans are struggling with rising prices, stagnant wages, and increased obstacles to starting a business, buying a home or retiring. According to the Gallup Economic Confidence Index, Americans’ outlook on the economy from 2021 to 2024 has been negative.
Contrast this with the economic prosperity seen under the Trump administration. America enjoyed energy abundance, skyrocketing wages, a record number of startups and incredible stock market averages. A large part of this success can be credited to the 2017 Tax Cuts and Jobs Act (TCJA), a tax cut for families and small businesses that fueled one of the strongest economies in decades.
Read MoreFBI Quietly Revised Violent Crime Data, Now Showing Surge Instead of Reported Decrease
The Federal Bureau of Investigation (FBI) quietly revised its national crime data for 2022, showing that violent crime actually increased instead of the decrease initially reported, according to RealClearInvestigations (RCI).
The FBI Uniform Crime Report (UCR) initially showed a slight 2.1% decrease in violent crime from 2021 to 2022, however the revision, which was only briefly mentioned on its website, shows an increase in violent crime of 4.5%, according to RCI. The revision comes after the release of the 2023 UCR data in September, which showed a 3% decrease in national violent crime, according to an FBI press release.
Read MoreU.S. Boots Hit Ground in Israel as Threat from Iran Looms
U.S. servicemembers arrived in Israel on Monday amid the country’s chaotic multifront war with various actors in the region, and more troops will arrive soon, the Pentagon said on Tuesday.
The Pentagon previously announced on Sunday that the troops would be deployed to the Middle East along with a Terminal High-Altitude Area Defense (THAAD) missile battery system, meant to help Israel defend itself against potential aerial attacks against missile attacks from Iran. The approximately 100 troops that arrived on Monday will help operate the THAAD system, though the Pentagon wouldn’t say when it would be operational, given the sensitive security nature of the situation.
Read MoreNew York City Residents on Edge as Tren De Aragua Gangsters Terrorize City
Tren de Aragua (TdA)-associated gangsters as young as 11-years-old are wreaking havoc on Times Square out of a migrant shelter in New York City, and they’re getting away with it, sources told the New York Post.
Around 20 migrants in the TdA-associated gang called “Los Diablos de la 42” are robbing residents and tourists in New York City neighborhoods while avoiding jail time due to their young age, sources in the New York Police Department (NYPD) told the New York Post Monday. TdA has gained notoriety in the United States after multiple reports emerged this year of their activities in major U.S. cities such as Aurora, Colorado, and El Paso, Texas.
Read More‘They Have A Problem:’ Mark Halperin Says Harris’ ‘New’ Trump Talking Points Indicate She’s Running ‘Losing’ Campaign
Journalist Mark Halperin said Monday that Vice President Kamala Harris’ latest remarks about former President Donald Trump signal her campaign may be heading toward failure.
Read MoreBiden-Harris Admin’s Aggressive Litigation Strategy to Enforce Agenda Likely Infringes on States’ Rights, Experts Warn
The Biden-Harris administration has aggressively pursued litigation against red states as a means of advancing its agenda, which legal experts said could infringe on states’ rights.
States such as Texas, which have taken steps to limit the surge of illegal migrants — reaching record levels under the Biden administration — are now facing lawsuits from the federal government. Similarly, states that passed laws contradicting the Biden administration’s positions on issues like abortion and gender have faced lawsuits challenging the constitutionality of the bills.
Read More‘Do You Hear Yourself?’:’ JD Vance Stunned After Raddatz Dismissive of Migrant Gang Takeover of Apartment Complexes in Aurora, Colorado
Republican Ohio Sen. J.D. Vance appeared shocked Sunday on ABC News when co-host Martha Raddatz interrupted him mid-statement and attempted to downplay Venezuelan gangs’ takeover of Colorado apartment complexes.
Read MoreTrump Outperforms Harris with Hispanic Male Voters: Poll
Former President Donald Trump is outperforming Vice President Kamala Harris among Hispanic male voters, according to an AP/NORC poll released Friday.
Just 36% of Hispanic male voters said Harris would make a good president while 42% said the same for Trump, according to the poll. Harris is holding on to her lead among Hispanic women voters, with 50% supporting the Democratic candidate while just 30% support Trump.
Read MoreSchool Choice Helps Close Performance Gap for Low-Income Students, Study Finds
Cities with robust charter school programs have drastically lowered the performance gap between low-income students and their peers, a study published in October found.
The Progressive Policy Institute (PPI) found that student performance rose in every city with a majority of low-income students when 33% or more are enrolled in charter schools, according to the report. Non-white students make up a large percentage of those benefiting from school choice policies.
Read MoreMigrants Are Overwhelming School Districts in Pennsylvania, Saddling Taxpayers with Hefty Price Tag
A massive influx in non-English speaking students in Pennsylvania is overwhelming school districts across the state, and the logistical strain on administrators could be leaving other students behind.
The number of English Language Learners (ELL) in school districts in Pennsylvania has surged nearly 40% since 2021, forcing public schools to shell out more cash to try and meet the needs of these students, according to documents obtained via records requests and open-source information reviewed by the Daily Caller News Foundation. The surge for many schools began in the 2021-2022 academic school year, coinciding with the onset of the Biden-Harris administration and the subsequent border crisis.
Read MoreJack Smith Should Not Disclose More Evidence Against Trump During Early Voting, Trump Attorneys Argue
Special counsel Jack Smith should not release more evidence in his case against former President Donald Trump during early voting, defense attorneys told the judge in a filing Thursday.
Allowing Smith to release the appendix attached to his motion on presidential immunity, which Judge Tanya Chutkan already allowed Smith to file on the public docket, would be a continuation of “overt and inappropriate election interference,” Trump’s attorneys argued.
Read MoreInflation Ticks Down Less than Expected as Fears of Hot Economy Grow
Inflation fell slightly in September amid fears of a hotter-than-expected economy following strong job gains in the month prior, according to the latest Bureau of Labor Statistics (BLS) release Thursday.
The consumer price index (CPI), a broad measure of the price of everyday goods, increased 2.4% on an annual basis in September and rose 0.2% month-over-month, compared to 2.5% in August, less than the 2.3% rate that was expected, according to the BLS. Core CPI, which excludes the volatile categories of energy and food, rose 3.3% year-over-year in September, compared to 3.2% in August.
Read MoreNew York City Reportedly Seeking 14,000 Hotel Rooms for Migrants, to Spend over $2 Billion as Crisis Rages On
New York City officials are reportedly looking to keep thousands of hotel rooms available for illegal migrants as the crisis in the Big Apple rages on, according to the New York Post.
The city’s Department of Homeless Services is seeking a contract with local hotels to provide roughly 14,000 rooms in order to shelter migrants through 2025, according to a report from the New York Post. The city anticipates spending on migrants in need of housing for the current fiscal year and the past two years combined will surpass $2.3 billion, with a significant amount of these costs going toward hotel rent.
Read More‘Remedying These Harms’: Federal Government Weighs Breakup of $2 Trillion Tech Giant
The U.S. Department of Justice (DOJ) is considering recommending a federal judge to force Google to sell parts of its business in a bid to eliminate its alleged monopoly on online search, according to a court filing Tuesday.
A U.S. judge ruled in August that Google built and abused a “monopoly” by spending billions on exclusivity agreements to be the automatic search engine for browsers such as Apple’s Safari and Mozilla’s Firefox. The DOJ could force Google to sell segments of its business, including its Chrome browser and Android operating system, which place Google as its default search engine, the DOJ filing showed.
Read MoreElon Musk’s X Reinstated in Brazil After Ban
Elon Musk’s X was reinstated Tuesday in Brazil after more than a month-long ban, which a judge issued after the platform refused to block certain accounts the country argued were disseminating false information.
The platform, which has been suspended in Brazil since late August, was reinstated after complying with orders to remove certain accounts, paying fines and appointing a new legal representative in the country, The New York Times reported.
Read MoreU.S. Hospitals Raked in $120 Million Performing Sex Changes on Thousands of Kids, New Data Shows
U.S. hospitals charged nearly $120 million over five years for sex-change procedures performed on around 14,000 children, according to new data compiled by medical watchdog Do No Harm.
The first-of-its-kind database, which logs sex-change procedures given to children nationwide between 2019 and 2023, catalogs a total of 5,747 minors who underwent sex-change surgeries, along with 8,579 who obtained puberty blockers or cross sex hormones.
Read MoreFEMA Doled Out Millions Pushing ‘Equity,’ Prioritizing ‘Underserved Communities’ Leading Up to Hurricane Season
The Federal Emergency Management Agency (FEMA) in May 2023 launched a $12 million grant program designed to increase “equity” in disaster responses by making greater investments in communities with high concentrations of racial and sexual minorities, documents show.
FEMA’s 2023 Regional Catastrophic Preparedness Grant Program sought to disburse multi-million dollar grants designed to bolster disaster preparedness “equity” for what it called “underserved communities,” a label later defined in grant documents as “populations sharing a particular characteristic, as well as geographic communities, who have been systematically denied a full opportunity to participate in aspects of economic, social and civic life.” Examples of these groups cited in the FEMA documents include African Americans, Hispanics, Middle Easterners, LGBT people and people living in rural areas, among others.
Read MoreGOP Sen Rails Against Biden-Harris Admin for ‘Catastrophic’ Middle East Policy One Year After October 7 Hamas Attack
Republican Iowa Sen. Joni Ernst told President Joe Biden and Vice President Kamala Harris on Monday that their Middle East policy has been “catastrophic,” one year after the October 7, 2023, invasion of Israel and the subsequent war that broke out in the region.
Read MoreSupreme Court Declines to Take Case Alleging Weaponization of DOJ Against Parents Who Spoke Out Against Schools
The Supreme Court on Monday rejected to take on a case that accused the Department of Justice (DOJ) of targeting parents who voiced concerns over school curricula, mask mandates and vaccine requirements.
Read MoreNBC Pollster Warns Democrats Losing Advantage with Party Registration, Key Voting Bloc in Pennsylvania
NBC National Political reporter Steve Kornacki warned on Sunday the Democratic Party is losing its advantage in registration numbers and among Hispanic voters, which could cost Vice President Kamala Harris in Pennsylvania.
Read MoreTim Walz Challenged on Minnesota’s Abortion Law: Measure ‘Goes Far Beyond Roe’
Fox host Shannon Bream challenged Democratic Minnesota Gov. Tim Walz on Sunday over his state’s abortion law, noting it goes “far beyond Roe v. Wade.”
Read MoreBiden Admin to End Parole Program for Hundreds of Thousands of Migrants
The Biden administration will not renew the temporary parole program that has allowed 530,000 migrants from Cuba, Haiti, Nicaragua and Venezuela to enter the U.S., the Department of Homeland Security (DHS) said Friday.
These individuals were granted a two-year period under the parole scheme to seek humanitarian relief or other immigration benefits and contribute to the U.S. workforce, DHS told the Daily Caller News Foundation. As these two-year grants begin to expire in the coming weeks, those without pending immigration applications or approved benefits will be required to leave the U.S. or face possible deportation.
Read MoreHarris Campaign Spending Good Chunk of Cycle Rubbing Elbows with Celebs, Big Money Donors
Vice President Kamala Harris’ campaign appears to have set their focus on fundraising and celebrity sit-downs, raking in millions through the help of Hollywood and big money donors.
Support for Vice President Kamala Harris skyrocketed after President Joe Biden ended his reelection bid on July 21 and endorsed her. Donors who had withheld funds under Biden and celebrities questioning his mental fitness quickly rallied around Harris, dramatically boosting her image.
Read MoreOver 800,000 Fewer Native-Born Americans Are Employed than Last Year
More than 800,000 fewer native-born Americans are employed than last year as job gains among Americans continue to lag behind those of foreign-born workers, according to data from the Bureau of Labor Statistics (BLS).
The number of foreign-born workers employed increased by approximately 1.2 million year-over-year in September, while 825,000 fewer native workers were employed, BLS data shows. The large annual difference is in spite of the roughly 920,000 upward employment fluctuation for native-born workers in September compared to August, after a 1,325,000 drop from July to August.
Read MoreSeptember Job Growth Exceeds Expectations as Unemployment Falls
The U.S. added 254,000 nonfarm payroll jobs in September as the unemployment rate ticked down to 4.1%, according to Bureau of Labor Statistics (BLS) data released Friday.
Economists expected 150,000 jobs to be added in September, slightly higher than the initially reported 142,000 job gain in August, and the unemployment rate to remain at 4.2%, according to MarketWatch. Meanwhile, previously reported job gains for July and August were revised up by 55,000 and 17,000, respectively, breaking a trend under the Biden-Harris administration of overestimating employment growth in initial estimates, with the cumulative number of new jobs reported in 2023 roughly 1.3 million less than previously thought.
Read MoreJack Smith’s Use of Obstruction Law Limited by Supreme Court ‘Fatally Undermines’ Case, Trump Attorneys Argue
Special counsel Jack Smith’s election interference case falls apart under recent Supreme Court precedent, former President Donald Trump’s attorneys said Thursday.
The Supreme Court’s ruling in Fischer v. United States, which scaled back the Biden-Harris Department of Justice’s (DOJ) overbroad use of an obstruction statute designed to target corporate document shredding against Jan. 6 defendants, “fatally undermines” two counts and requires dismissing two others, Trump’s attorneys wrote.
Read More‘A Danger to the U.S.’: Coalition Negotiating with Striking Dock Workers Represents China-Owned Shipping Company
The coalition negotiating on behalf of employers in the ongoing dockworkers strike includes a Beijing-based shipping company, raising concern over potential Chinese economic and political influence.
Thousands of dockworkers at 14 different major ports along the East and Gulf Coasts went on strike shortly after midnight Thursday, with experts claiming the move could wreak havoc on U.S. supply chains and cost the economy as much as $5 billion a day. China Ocean Shipping Company’s (COSCO) membership in the United States Maritime Alliance (USMX) — the group responsible for hammering out a deal with the port workers — means China could wield significant influence over the labor negotiations, according to experts who spoke with the Daily Caller News Foundation.
Read MoreMayorkas Bemoans Lack Of FEMA Cash for Hurricanes After Spending Nearly $1 Billion on Migrant Crisis
The Federal Emergency Management Agency (FEMA) allocated over $1 billion for a migrant assistance program over the past two fiscal years, but now it is running out of cash for disaster relief as Hurricane Helene rages on and more storms loom.
Homeland Security Secretary Alejandro Mayorkas said on Wednesday that FEMA does not have enough funds to make it through hurricane season, The Associated Press reported. Though resources are running short for Americans displaced by Helene, the agency spent big on a program providing “humanitarian services to noncitizen migrants” after their release from Department of Homeland Security custody.
Read MoreProsecutors May Bring Additional Charges Against Eric Adams, Other Defendants
Prosecutors indicated Wednesday that they may bring more charges against New York City Mayor Eric Adams and additional defendants, according to multiple reports.
Adams, who was indicted last week on bribery, conspiracy and campaign finance charges, appeared in court for a hearing Wednesday before Judge Dale Ho. Assistant U.S. Attorney Hagan Scotten told Ho prosecutors would “likely” seek a superseding indictment, which could mean more charges against Adams and will likely include other defendants, according to the Associated Press.
Read MoreU.S. Auto Sales Remain Stuck Below Pre-Pandemic Levels
U.S. car sales remain stuck below pre-pandemic levels amid a struggling auto market, according to The Wall Street Journal.
Higher borrowing costs and increased prices on new vehicles are two key factors steering consumers away from buying, according to the WSJ. Many customers have looked to lease cars to avoid out-of-pocket costs and have turned to purchasing smaller and more affordable vehicle models.
Read MoreArkansas Sues Major Platform over Allegations of Intentionally Encouraging Kids to Become Addicted
Arkansas filed a lawsuit Monday against YouTube and its parent entity, Alphabet, alleging that the platform intentionally promotes addictive behaviors that exacerbate mental health issues among youth.
Arkansas Attorney General Tim Griffin filed a lawsuit in Phillips County Circuit Court against Google LLC, YouTube LLC, XXVI Holdings, Inc., and their parent company, Alphabet, Inc for allegedly breaching the Arkansas Deceptive Trade Practices Act by engaging in deceptive and detrimental business practices targeting young users, according to the complaint. It contends that the platform’s addictive nature has necessitated millions in state expenditures on expanded mental health services for young individuals.
Read MoreWalz Said He Was in Hong Kong During Tiananmen Square Protests, but Records Show He Was in Nebraska
Democratic vice presidential nominee Tim Walz once claimed he was in Hong Kong during the 1989 Tiananmen Square massacre in China, though local news outlets showed he was in Nebraska at the time.
1989’s demonstrations saw protesters gather in Tiananmen Square from April 15-June 4 of that year demanding democratic reforms to the Chinese communist system. The demonstrations ended when the government dispatched troops to clear the square.
Read MoreCalifornia U.S. Rep. John Duarte Unveils Plan to Rescue Bankrupt Farmers from China’s Economic Assault
Republican California Rep. John Duarte unveiled his plan to save American farmers from possible financial ruin due to long-standing Chinese tariffs in an exclusive interview Wednesday with the Daily Caller News Foundation.
Read MoreSupreme Court’s Coming Term to Feature Cases on Child Sex Change Limits, Guns and Pornography
The Supreme Court’s coming term will include cases on child sex change limits, guns and pornography.
The 2024-2025 term will kick off when the justices hear their first case on October 7. To date, 28 petitions have been granted, with more cases to be added to the docket in the coming weeks.
Read More‘He’s a Buffoon’: CNN Conservative Panelist Roasts Tim Walz After Former Harris Spox Lauds Dem VP Pick
CNN’s Scott Jennings called out Democratic Minnesota Gov. Tim Walz on Sunday after a panelist called Walz a “consequential” pick for Vice President Kamala Harris’ running mate.
Walz and Republican Sen. J.D. Vance are set to face off in their first debate as their parties’ running mate picks, hosted by CBS News on Tuesday. On “State of the Union,” former Harris Communications Director Ashley Etienne accused Vance of causing “more damage” to the Republican ticket while praising Walz for bridging the “cultural divide” among voters.
Read MoreThree More Pro-Life Activists Sentenced for Blocking Access to Abortion Clinic
Three pro-life activists were sentenced this week for their involvement in a 2021 abortion clinic blockade.
Authorities indicted a group of pro-life activists in October 2022 for their involvement in blocking the entrance of Carafem Health Center Clinic in 2021, which prevented an employee and a patient from accessing the facility. The court imposed a 16-month prison sentence on Chester Gallagher Thursday for orchestrating the blockade in Mount Juliet, Tennessee, while Eva Edl received a three-year probation, according to The Associated Press.
Read MoreBoeing Union Strike to Pummel Workers and Shareholders, New Analysis Finds
The International Association of Machinists (IAM) union strike against Boeing is expected to result in a $1.05 billion loss for the company and its shareholders, as well as a significant loss for its workers and suppliers, according to an analysis by consulting firm Anderson Economic Group (AEG) released Thursday.
Boeing and company shareholders are set to lose an estimated $1.05 billion, with workers and suppliers losing $351 million from Sept. 13 to Friday due to the IAM union strike, according to AEG’s analysis of the company’s lost wages and shareholder earnings. The firm’s report does not estimate separate damages to consumers or customers for the first two weeks of the strike.
Read MoreNYC Mayor Eric Adams Pleads Not Guilty, Will Request Case Be ‘Dismissed’
Democratic New York Mayor Eric Adams pleaded not guilty Friday in a Manhattan courtroom after he was indicted by federal prosecutors on five federal charges allegedly connected to illegal contributions to his 2021 campaign.
Read MoreInvestment Giants Leveraged Texas Universities’ Endowment Funds to Back Anti-Oil Agenda, Report Finds
Several asset managers leveraged two major Texas university systems’ endowment funds to advance anti-fossil fuel shareholder proposals in 2022 and 2023, according to a report from the conservative watchdog group American Accountability Foundation (AAF).
BlackRock-owned Aperio Group, Cantillon, former Vice President Al Gore-chaired Generation Investment Management, GQG Partners and JP Morgan Asset Management collectively manage approximately $4 billion for The University of Texas/Texas A&M Investment Management Company (UTIMCO) as of July, which handles the university systems’ endowments.
Read MoreBiden-Harris Admin on Track to Oversee Massive $1 Trillion in Improper Payments, Watchdog Group Finds
If current trends persist, the Biden-Harris administration will have made over $1 trillion in improper payments by the time President Joe Biden leaves office, according to a report released by the watchdog organization Open The Books on Thursday.
An improper payment is a disbursement “made by the government to the wrong person, in the wrong amount or for the wrong reason,” per federal guidelines. The Biden-Harris administration, between 2021 and 2023, oversaw $801.4 billion in such payments after adjusting for inflation, according to the report.
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