BlackRock Faces Investigation by House China Committee into Investment Activities
The House Select Committee on Strategic Competition between the United States and the Chinese Communist Party has recently launched an investigation into BlackRock, an investment firm. Chairman Mike Gallagher (R-Wis.) and Ranking Member Raja Krishnamoorthi (D-Ill.) penned a letter to Larry Fink, BlackRock’s Chairman and CEO, accusing the company of unknowingly using its American customers’ …