From LifeSiteNews

By Dan Frieth

Biden’s statements came on the same day Mark Zuckerberg appeared on The Joe Rogan Experience, revealing that the Biden administration had actively pressured Meta to censor content related to COVID-19

President Joe Biden harshly criticized Meta’s decision to eliminate its professional fact-checking program in favor of user-driven community notes, labeling the move as “really shameful.” His comments, delivered during a press conference following a speech on economic progress, reveal a concerning push for increased control over online discourse.

Biden’s statements came on the same day Mark Zuckerberg appeared on The Joe Rogan Experience, revealing that the Biden administration had actively pressured Meta to censor content related to COVID-19. Zuckerberg disclosed that officials repeatedly contacted Meta, demanding the removal of memes and truthful posts critical of COVID-19 vaccines. He recounted how the White House would “call up our team and scream at them and curse” over content they deemed unacceptable.

Zuckerberg pointed to a specific incident where the administration pushed for the deletion of a meme featuring Leonardo DiCaprio pointing at a TV with a caption suggesting future legal actions over the COVID-19 vaccine. Zuckerberg resisted, stating, “No we’re not we’re not going to take down humor,” emphasizing that his team would not remove content that was humorous and not factually false. Despite Meta’s history of censoring similar content, Zuckerberg insisted, “Basically, it just got to this point where we were like no, we’re not going to take down things that are true. That’s ridiculous.”

Zuckerberg also said that the Biden administration pressured for the censorship of truthful information.

“Basically, it just got to this point where we were like no, we’re not going to take down things that are true,” Zuckerberg said. “That’s ridiculous.”

Zuckerberg’s decision to dismantle the platform’s fact-checking system announced just before President-elect Donald Trump’s inauguration, has drawn polarized reactions. While Democrats decry the change, Republicans, including Trump, have long accused Meta of silencing conservative voices. Zuckerberg openly admitted that scaling back content moderation might allow more harmful content to circulate, but he also recognized the need to move away from biased oversight.

Biden criticized the autonomy of private tech leaders, stating, “The idea that, you know, a billionaire can buy something and say, ‘By the way, from this point on, we’re not going to fact-check anything.’ And you know, when you have millions of people reading, going online, reading this stuff … I think it’s really shameful.”

Reprinted with permission from Reclaim The Net.

From The Center Square

By Bethany Blankley

US House committee investigating 60 companies over ESG policies

Blackrock Inc. is the latest to announce it has left a United Nations-backed Net-Zero Banking Alliance (NZBA), among several within one month and not soon after Donald Trump was elected president. It did so as it and roughly 60 companies are being investigated by Congress for allegedly colluding as a “woke ESG cartel” to “impose radical environmental, social, and governance goals on American companies.”

Last month, Goldman Sachs was the first to withdraw from the alliance, followed by Wells Fargo, The Center Square reported. Citigroup, Bank of America, Morgan Stanley and JPMorgan next announced their departure.

According to the “bank-led and UN-convened” alliance, global banks joined, pledging to align their lending, investment and capital markets activities with a net-zero greenhouse gas emissions target by 2050.

Major U.S. banks began leaving the alliance after President-elect Donald Trump vowed to increase domestic oil and natural gas production and pledged to go after “woke” companies.

They also announced their departure two years after 19 state attorneys general launched an investigation into them for alleged deceptive trade practices connected to ESG.

While the companies haven’t appeared to seem daunted by state investigations, Trump’s reelection appears to be a different matter.

“BlackRock has hung in there as long as it could, but the pressure has become too great, and the reputational and legal risks too high, just before Trump takes office. It won’t be the last financial organization to quit a net zero initiative,” Hortense Bioy, Morningstar Analytics director of sustainable investing research, told Bloomberg News.

Texas Comptroller Glenn Hegar has expressed skepticism about companies claiming to withdraw from ESG commitments, noting there is often doublespeak in announcements, The Center Square reported. This includes statements made by Goldman Sachs, JPMorgan and Blackrock.

Blackrock claims its “participation in NZAMi didn’t impact the way we managed client portfolios. Therefore, our departure doesn’t change the way we develop products and solutions for clients or how we manage their portfolios. … Our commitment to helping our clients achieve their investment goals remains unwavering,” Bloomberg reported.

Last month, the U.S. House Judiciary Committee announced it was investigating more than 60 US-based asset managers’ involvement in the alliance, including BlackRock, Inc., JP Morgan Asset Management, Rockefeller Asset Management, State Street Global Advisors, among others.

The committee also issued a report, “Climate Control: Exposing the Decarbonization Collusion in Environmental, Social, and Governance (ESG) Investing,” saying it found “direct evidence of a ‘climate cartel’ consisting of left-wing activists and major financial institutions that collude to impose radical environmental, social, and governance goals on American companies.”

Under the Trump administration, the committee will continue to investigate if “existing civil and criminal penalties and current antitrust law enforcement efforts are sufficient to deter anticompetitive collusion to promote ESG-related goals in the investment industry.” It also maintains that the companies “must answer for their involvement in prioritizing woke investments over their own fiduciary duties.”

The committee sent letters to dozens of entities in 12 states and the District of Columbia requesting them to provide information by Jan. 10. The majority are located in New York, Massachusetts and California.