Texas bars its public pensions from investing in 350 funds run by asset-management giants such as BlackRock Inc. and Invesco Ltd. because a key Republican state official says they "boycott" the oil and gas industries.
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The ads are part of a seven-figure advocacy campaign launched by the group earlier this year targeting the 17 Republicans holding House seats in districts that voted for Biden, attacking the lawmakers for "ignoring critical priorities" and instead focusing on "bogus investigations."