Reuters: "Republican officials rethink BlackRock bans after Panama port deal"
by Ross Kerber and Bo Erickson
Gernot Wagner, a climate economist at Columbia University, said BlackRock's role in regaining control over the canal, which was much sought by Trump, should sway some of the president's political allies.
"Rationally, this is how the world works, you give a little and you get a little," Wagner said. But Republican leaders and others in Trump's MAGA movement are eager to follow Trump's unpredictable lead, making the practical impact on the firm hard to know, he said.
Quoted in: "Republican officials rethink BlackRock bans after Panama port deal" by Ross Kerber and Bo Erickson, Reuters (6 March 2025).
