State Street still using DEI to curry favor with leftist state officials

Woke investing has faced a clampdown on Wall Street , but if its critics are to be believed State Street – one of the biggest asset managers in the US – is still using it to curry favor with leftist state and local officials who control hundreds of billions of dollars in pension money, The Post has learned.

State Street’s work involving controversial Diversity Equity and Inclusion and green energy policies — where it facilitates woke shareholder votes on behalf of some of its big, public pension clients — has sparked chatter on Wall Street and Washington following New York City Comptroller Brad Lander’s move last month to block rival BlackRock as a manager of the city’s pension fund .

In a recent posting on X, Alabama GOP senator Tommy Tuberville said State Street, which manages $8