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Two Biden aides will recuse on BlackRock issues as past ties pose questions Yeganeh Torbati © Lucas Jackson/Reuters In 2013, the asset management firm BlackRock unleashed a lobbying blitz to carpet-bomb a new Treasury Department agency, pushing federal regulators away from tightening requirements on its massive business lines. In 2019, the company won again when the Trump administration cemented an approach that would essentially exempt large companies such as BlackRock from more scrutiny. Now, however, the New York firm with $7.8 trillion in assets under management could face its biggest threat yet, with Democratic control of the White House and influential figures on the left bent on breaking Wall Street apart.

New yorkUnited statesFrance generalWhite houseDistrict of columbiaBrian deeseJeff zientsDemetrius freemanLarry finkCraig phillipsBlackrock barbara novickJoe bidenDennis kelleherWilliam daleyWally adeyemoJohnf kerry