Facts to know about BlackRock, the firm popping up in Biden’s cabinet

  • The world’s biggest fund manager, BlackRock, has become an increasingly influential player in Washington, DC. 
  • The firm’s global head of sustainable investing is set to head Biden’s National Economic Council, and a former advisor to BlackRock Chief Executive Larry Fink will serve as a top official at Treasury.
  • Here’s a rundown of fast facts you need to know about BlackRock. 
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BlackRock, the world’s largest investment manager, has become an increasingly influential Wall Street player in Washington, DC as a poster child of the revolving door between finance and politics.

The firm has