The billionaire CEO of BlackRock, the world’s largest asset manager, has said it “really doesn’t matter” who wins the US presidential election, because both Donald Trump and Kamala Harris will be good for Wall Street.
“I’m tired of hearing this is the biggest election in your lifetime. The reality is over time it doesn’t matter”, said BlackRock chief Larry Fink at an October 21 conference hosted by the Securities Industry and Financial Markets Association, according to the Financial Times.
“It really doesn’t matter”, Fink reiterated. He revealed that, at BlackRock, “we work with both administrations and are having conversations with both candidates”.
BlackRock has $11.5 trillion assets under management, making it the biggest investment company on Earth.