Tag: Fox Business Network

FBN’s Gerry Baker interviews Cardinal Timothy Dolan about the important role religion plays in politics. When it comes to mixing politics and religion, New York's most prominent Catholic leader says it's a must. “A public square where religious values are absent is perilous,” Cardinal Timothy Dolan of the Archdiocese of New York told "WSJ at Large" host Gerry Baker on FOX Business on Friday. As we move closer to the 2020 presidential election, political and religious controversies dominate headlines. From gay marriage, abortion and contraception, to divorce and the sanctity of marriage, many in the U.S. find the Church’s position irrelevant or harmful and offensive. But Cardinal Dolan believes that those negative perspectives are "caricatures of the Church” which need to be replaced by a more affirmative view. "That’s a Catholic value, it’s also a very American value.” This becoming ever more prevalent as political discourse takes on more theological overtones. Democratic presidential contender Pete Buttigieg, an openly-married gay man, who was baptized Catholic but is now an Episcopalian, frequently references faith in his campaign and criticized Vice President Mike Pence's cultural and religious conservatism a “fanatical” ideology. It is no surprise that there is very little consensus on how religion should be integrated with politics. A new survey suggests Americans are rejecting religion in their own lives at a record pace.

Laurence “Larry” Fink, the founder and chief executive of BlackRock, recently told the firm’s 14,000 employees that he is instituting potentially the most aggressive diversity program in Corporate America ensuring that, “a bunch of white men”, will no longer be running the world’s largest money management firm. Larry Fink, BlackRock CEO, speech to employees The comments, obtained by FOX Business and confirmed by a BlackRock spokeswoman, come as Fink has ruffled feathers inside his company, as well as among some clients for embracing a number of progressive political causes and advocating what has been described as “corporate socialism” – a management concept that implores CEOs to run their companies in a way that doesn’t just benefit shareholders, but also “the communities in which they operate.” In his comments on diversity, Fink used surprisingly strident language and said executives could see their paychecks cut if they didn’t meet certain hiring goals, according to a text of his remarks. Fink, of course, isn’t the only CEO who supports progressive politics. To be sure, Corporate America and Wall Street in particular, have begun various programs and incentives for management to attract and retain more women and minorities to their executive ranks. From Bond Trader to Wall St.'s Soapbox Orator Fink, 66, has had a long and distinguished career on Wall Street, well before he became Wall Street’s most prominent soapbox orator. It is more recently that Fink's commentary – in public speeches, employee meetings and his annual “Letter to CEOs” – has taken a distinctly political turn. While Fink is said to be enjoying the spotlight, fashioning himself as the liberal conscience of Corporate America, competitors and many people inside BlackRock are less comfortable with his political commentary. “He’s just looking for publicity. He told employees that in 2019, BlackRock has achieved the highest percentage of women in the senior executive ranks, also known as managing directors. Women now comprise 56 percent of BlackRock’s new analyst class, and BlackRock has appointed five women to its board of directors.

Former NFL player and Politiscope co-founder Walter Powell, Jr. on how the app helps voters make more informed choices. Former NFL wide receiver Walter Powell Jr. has developed a new app, Politiscope, which aims to be a “one-stop shop for all politics.” “It’s going to tell you politician statistics, what they voted for or against on any legislation,” Powell Jr. told FOX Business’ Stuart Varney on Friday. “We showcase notable articles, media and just anything you need to know about your politician.” Powell, who played four years in the NFL for the Arizona Cardinals, New York Jets and Buffalo Bills, created Politiscope with his brother, Brandon Williams, also an NFL alum, as an instrument to engage everyone in the political process. “From all the way up top to all the way down to the bottom -- everybody would just use it just because it’s simple to use and it’s easy to navigate through,” he said. “And instead of spending a whole hour trying to figure out what one bill means… you can figure out what 50 to 100 means in an hour.” The app allows users to call up player profiles for politicians on the federal level and will eventually work its way down to the locals, Powell said. Right now, Powell said he’s focused on expanding its user base, but plans to also turn the app into a platform for political campaigns.