Former United Nations Ambassador Nikki Haley held a sequence of meetings in New York with Wall Street executives, including BlackRock CEO Larry Fink, as part of her campaign for the Republican presidential nomination.
Former United Nations Ambassador Nikki Haley recently established connections with a number of Wall Street executives, including BlackRock CEO Larry Fink, as part of a calculated maneuver for her presidential campaign.
The Financial Times reported that these events, which were conducted in support of Haley’s Republican presidential campaign, included a late-morning fundraiser and a breakfast meet-and-greet in New York.
Larry Fink, CEO of BlackRock, a company that has been criticized by conservatives for its adoption of Environmental, Social, and Corporate Governance (ESG) policies, was in attendance at the morning event.
Investing in companies committed to social and environmental causes is the focus of these policies. Republican-led states, including Texas and Florida, withdrew substantial funds from the investment firm on account of BlackRock’s ESG strategy.
The withdrawals accumulated to approximately $4.5 billion in 2022.
Beyond Fink, Haley’s interactions with Wall Street continue. Additionally, she met with former Goldman Sachs president Gary Cohn, who co-hosted a campaign fundraiser for her.
Additional notable business figures are expressing interest in Haley’s candidacy as well.
Ken Griffin, the founder of Citadel, is contemplating making a contribution to her campaign, whereas Stanley Druckenmiller, a multibillion investor, has declared his public support.
Financiers seeking alternatives to former President Donald Trump, who currently leads in polls, may allocate their attention and resources towards Haley.
Reportedly, billionaire Charles Koch intends to shortly support a candidate other than Trump.
In addition to these meetings, Haley and Jamie Dimon, CEO of JPMorgan, have engaged in private conversations concerning the global economy.
Dimon has conveyed his endorsement of Haley’s economic perspectives, specifically regarding the mutual dependence of business and government in promoting prosperity.
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