Megan Gerking spoke to Reuters Sustainable Finance about a "Statement of Interest" filed by the U.S. Department of Justice and the Federal Trade Commission claiming asset managers BlackRock, Vanguard, and State Street of conspiring through climate activism to decrease coal output.
Megan said, "This statement of interest is a shot across the bow by the administration's new antitrust leadership against asset managers - and potentially others - regarding investments and related conduct connected to sustainability objectives."
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