In a letter to the agencies, the 23 attorneys general allege the agencies promote a radical climate agenda.cies, the 23 attorneys general allege the agencies promote a radical climate agenda.
Chief executive officer of American Energy Institute Jason Isaac told The Center Square that the settlement “is a huge win in the fight to stop the ESG and net-zero schemes being pushed by Wall Street elites and the climate cartel.”
To settle a lawsuit that it colluded to harm the coal industry, investment firm Vanguard, while denying any wrongdoing, has agreed to provide communications it had with other parties. Opponents of ESG are eager to find out what is in those communications.
PULSE POINTSWHAT HAPPENED: Texas Attorney General Ken Paxton (R) announced that the Vanguard Group has agreed to a “first-of-its-kind settlement”—effectively ending its defense in a multi-state antitrust lawsuit targeting the company along with BlackRock and State Street, alleging coordinated environmental, social, and governance (ESG)-driven market manipulation.WHO WAS INVOLVED: Ken Paxton, Vanguard Group, BlackRock, State Street, corporate shareholders, […] The post Ken Paxton Secures ‘First-of-Its-Kind’ Antitrust Settlement Against Vanguard for ESG Practices. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: Texas Attorney General Ken Paxton (R) announced that the Vanguard Group has agreed to a “first-of-its-kind settlement”—effectively ending its defense in a multi-state antitrust lawsuit targeting the company along with BlackRock and State Street, alleging coordinated environmental, social, and governance (ESG)-driven market manipulation. WHO WAS INVOLVED: Ken Paxton, Vanguard Group, BlackRock, State Street, corporate shareholders, asset management clients, and the U.S. Department of Justice (DOJ) Antitrust Division. WHEN & WHERE: The settlement was announced on February 26, 2026. KEY QUOTE: “While Vanguard has taken appropriate action to resolve this case, BlackRock and State Street have continued to…Open
The settlements in these lawsuits filed by left-leaning advocates include provisions that result in ongoing oversight over corporation operations, mandatory training programs and diversity quotas. Companies are required in some cases to fund the reforms, and it all functions as a means to advance liberal policies without involving elected representatives.
The court ruled that it was unconstitutional to bar state agencies from investing with firms that the state had accused of boycotting the oil industry.