GOP report blasts Wall Street firms over climate, alleging ‘collusion’

House Republicans are blasting Wall Street firms over climate-minded investing, the latest flare in the party’s criticism over environmental, social and governance (ESG) investing. House Judiciary Committee Republicans on Tuesday released a report accusing leading investment firms of “colluding” with climate groups. Specifically, they accused major asset managers BlackRock, State Street and Vanguard of being part of a “climate cartel” that also includes activist groups. The report itself primarily focuses on the actions of activist organizations that seek to move …