🚨 NEW: THE SEC REVEALS HOW CLIMATE ACTIVISTS PRESSURED BLACKROCK AND STATE STREET DURING THE EXXONMOBIL BOARD REVOLT. A newly released 23-page SEC investigation details how Climate Action 100+ members organized efforts to influence ExxonMobil’s board and corporate policies. One striking finding: after Exxon excluded a climate-related shareholder proposal, a CalPERS representative said Exxon directors should have “hell to pay.” A BlackRock executive separately described a campaign against Exxon’s board as “extremely irresponsible.” The SEC found no evidence that BlackRock or State Street agreed to vote in particular ways and is bringing no enforcement action. But it warned that coordinated shareholder activism, including through outside coalitions, can trigger stricter ownership-disclosure obligations. The report arrives as Washington is reconsidering how much influence activist shareholders should have over American corporations.

Caleb Hammer catches a socialist spending at Disney and Amazon after she spent the entire episode dunking on “big evil” CAPITALISTS. She had just argued that corporations don’t pay their fair share. Then he opens her City Card, and it gets ugly for her fast. HAMMER: “Since your Disney trip, you know they’re a billion-dollar company. You know they get lots of tax benefits, right?” SOCIALIST: “Yeah. My sister works for Disney.” HAMMER: “Big evil capitalist Disney. Was that to Disney?” SOCIALIST: “Yes.” HAMMER: “Champagne socialist. As always.” “You know you people are the most hypocritical people. I’d say people on the far right are really annoying. The people on the far left are hyper hyper hypocritical.” “Evil corporations capitalist, and then you just give them all your money.” “And Amazon, weren’t you just hating on that warehouse that delivered that to you?” SOCIALIST: “Yeah.” HAMMER: “It’s a shame they’re able to get there on that two-lane road to your house.” SOCIALIST: “I don’t shop on Amazon very often. But if I do it’s—” HAMMER: “Who cares?” SOCIALIST: “I can’t find it around me.” HAMMER: “No, live your principles. You’re cheap principles. I have no real moral backing other than performative and virtue signaling.” Socialism in the mouth, capitalism in the cart.