Texas Schools Pull $8.5 Billion from BlackRock over ESG

Texas State Board of Education Chairman Aaron Kinsey

The Texas Permanent School Fund (PSF) is pulling $8.5 billion from the investment firm BlackRock over its use of environmental, social and governance (ESG) policies.

The board informed the investment firm that it was being terminated as the manager of the Navarro 1 Fund in a Tuesday letter, which it provided to the Daily Caller News Foundation. The divestment represents the largest from the private firm, according to Fox Business Network.

Read More

Federal Court Bars NCAA from Enforcing NIL-Recruitment Ban After Legal Challenge by AGs of TN and VA

The Eastern District Court of Tennessee granted Tennessee Attorney General Jonathan Skrmetti’s preliminary injunction request in his lawsuit against the National Collegiate Athletic Association’s (NCAA) illegal name, image, and likeness (NIL)-recruitment ban on Friday.

Read More