"Major Banks Withdraw from $68 Trillion UN Climate Alliance, Chair Jim Jordan Celebrates Victory"

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Source: Fox News
"Major Banks Withdraw from $68 Trillion UN Climate Alliance, Chair Jim Jordan Celebrates Victory"
Photo: Fox News
TL;DR Summary

House Judiciary Chair Jim Jordan celebrates as major U.S. banks, including JPMorgan Chase and BlackRock, exit the $68 trillion Climate Action 100+ investor group, citing concerns about the alliance's "phase 2" strategy. Jordan's committee has been investigating potential antitrust violations and coordination between financial institutions and nonprofit climate groups, with subpoenas issued to BlackRock and State Street. The move is seen as a win for America, the economy, and freedom, with Jordan emphasizing the importance of making investment decisions based on market principles rather than politics.

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