House is launching probe on financial discrimination against conservatives

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First on Fox: The chamber’s supervisory committee aims at insurance companies that may have discriminated against entities with right -wing opinions.
The Committee also examines whether retirement accounts were used to invest in progressive policies with which they do not necessarily agree, Fox News Digital learned.
“The government’s supervisory and reform commission is investigating inappropriate restrictions on access to financial markets and capital of individuals and entities based on political points of view Or involvement in certain industries (such as cryptocurrency, energy and firearms), “the president of the James Comer Committee, R-Ky., wrote to the National Association of Insurance Commissioners (Naic).
“The Committee has committed to denunciators who have canceled their insurance policies for largely detained political positions or for the legal operating activities considered by progressive activists.”
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The chairman of the James Comer Chamber’s supervisory committee is expanding his investigation into financial discrimination against right -wing entities and people. (Images Kevin Dietsch / Getty)
This decision is an expansion of the current investigation of the Chamber’s supervisory committee to find out whether public financial institutions have embarked on the dispenser against persons and entities With right -wing views.
Commer also wonders if the companies implementing progressive policies do so to the detriment of millions of personal investments of retired Americans.
He wrote to the secretary of the Treasury Scott Bessent, as an acting commissioner of the Internal Internal Service (IRS), that his panel “Survey of the prolific use of proxy proposals and other activism targeting the boards of directors by activists who pursue political agendas to the detriment of retirement and personal savings of the Americans.”
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“More specifically, the Committee seeks to understand how giant investment managers and pension fund managers, helped by proxy consulting companies, have bypassed or abandoned their trust obligations to the beneficiaries to continue a political program and if new legislation is necessary to protect investors,” said COMMER.
“At a minimum, Americans deserve to know fully if their harshly won savings are used in a progressive game book.”
The letter has accused certain large asset management companies like Blackrock of putting money from customers in green energy initiatives, for example, rather than more profitable areas, in order to promote a left -wing program.

The Treasury Secretary Scott Bessent is represented during an audience of the House Ways and Means Committee in Washington, DC, June 11, 2025. (Eric Lee / Bloomberg / Getty Images)
Blackrock repulsed these accusations in a public statement On his websiteHowever.
“One of the most critical tasks of an asset manager is to provide customers with a glimpse of short and long -term trends in the global economy that can have an impact on their portfolios. We do it in all sectors – energy health care,” wrote the company.
“Climate risk is such a trend given its implications for the economy. We believe that companies that manage their exposure to climate risk better and capitalize on opportunities will generate better long -term financial results.”
The BlackRock website has also said that “choosing the place where investing is finally based with our customers”.
“We are obliged to respect their investment guidelines and objectives. We do not say specific investment strategies,” he said.
And on a larger scale, the committee examining if the companies listed on the stock exchange are the executive order of President Donald Trump prohibiting diversity, equity and inclusion (DEI) by simply listed it under another name.
“(T) The Committee remains concerned to follow the reports of listed corporations on the stock exchange or diversity, actions and inclusion (DEI) and environmental, social and governance policies (ESG) to hide such discrimination in” the Trump administration, the courts or influential militants “,” Comer wrote to several organizations opposed to the discrimination of the company, in particular the alliance. “”
“At least, shareholders and beneficiaries of the pension plan deserve transparency around discriminatory practices employed by directors and business leaders as such behavior. Replacement of the titles of I and ESG in the commitment of the employees ” or` `inclusion and impact” still represent another deceptive practice. “

President Donald Trump went to Air Force One at Morristown Airport on September 14, 2025 in Morristown, New Jersey. (Images Kevin Dietsch / Getty)
Trump’s order, signed in January 2025, prohibited financial institutions, large companies, colleges and universities, law enforcement organizations and specific industries such as medicine and commercial airlines to promote or implement DEI standards.
Comer, however, accused the previous white house of promoting discriminatory practices, in a declaration to Fox News Digital.
“The supervisory committee is investigating discriminatory practices in the American financial system and the role of Biden administration by supporting them,” he wrote. “Whether it is to use the conference room to achieve what the political left could not accomplish in the ballot boxes, or the cancellation of the insurance policies of the Americans and unarmed them for their political opinions, these actions are wrong and deprive the Americans of their constitutional rights.”
Fox News Digital contacted the IRS and the Naic to comment but did not immediately hear.