NYC comptroller push to drop BlackRock creates test for Mamdani

By Ross Kerber (Reuters) -New York City Comptroller Brad Lander is urging city pension fund officials to rebid $42.3 billion managed by BlackRock over climate concerns, the first major move by a Democrat to ​counter pressure on financial companies from Republican allies of the fossil-fuel industry. Lander's term in office ends on December 31,‌ but his recommendation, to be unveiled on Wednesday, will put Mayor-elect Zohran Mamdani in the hot seat when he takes office in about five ‌weeks. Mamdani's appoi ...