BlackRock in-house federal lobbying — Q1 2026

{
  "_id": "starintel:event:blackrock-lobbying-q1-2026",
  "aliases": [],
  "assessment": {
    "confidence": 0.99
  },
  "attachments": [],
  "data": {},
  "dataset": "starintel-larry-fink-q1-lobbying-2026-07-25",
  "date_added": "2026-07-25T14:45:00-04:00",
  "date_updated": "2026-07-25T14:45:00-04:00",
  "description": "",
  "dtype": "event",
  "evidence": [],
  "extensions": {
    "legacy.v0": {
      "data": {
        "comparison": {
          "change_percent": -15.625,
          "q1_2025_in_house_expense_usd": 960000,
          "qualification": "Quarter-to-quarter and year-over-year expense changes do not measure policy influence or lobbying effectiveness"
        },
        "confidence": 0.99,
        "subject": {
          "entity_id": "person:laurence-d-fink",
          "name": "Laurence D. Fink"
        },
        "supports": [
          "starintel:target:lobbying-policy-alignment",
          "starintel:relation:fink-blackrock-ceo"
        ]
      },
      "metadata": {
        "verification": {
          "last_verified": "2026-07-25",
          "method": "official LD-2 disclosure"
        }
      },
      "predicates": [
        {
          "object": "BlackRock Funds Services Group, LLC",
          "predicate": "registrant"
        },
        {
          "object": "BlackRock Funds Services Group, LLC",
          "predicate": "client"
        },
        {
          "object": 810000,
          "period": "2026-Q1",
          "predicate": "reported_lobbying_expense_usd"
        },
        {
          "object": [
            "Bryan Wood",
            "Benjamin Cantrell",
            "Matt VanKuiken"
          ],
          "predicate": "named_lobbyists"
        },
        {
          "object": {
            "banking_and_systemic_risk": [
              "financial stability",
              "outbound investment",
              "investment-manager passivity",
              "private credit",
              "Basel III and GSIB capital",
              "nonbank financial institution leverage and reporting"
            ],
            "digital_assets_and_technology": [
              "digital assets",
              "stablecoin legislation and regulation",
              "digital-asset market structure",
              "tokenization",
              "artificial intelligence",
              "data management"
            ],
            "markets_and_funds": [
              "exchange-traded products",
              "Treasury market structure",
              "proxy voting and process",
              "custody and safeguarding",
              "registered-fund regulation",
              "closed-end funds",
              "common ownership",
              "ETF share class",
              "securities lending reporting",
              "fund-of-funds rules"
            ],
            "retirement_and_household_finance": [
              "SECURE 2.0",
              "fiduciary proposal",
              "403(b) parity",
              "child savings and Trump Accounts",
              "emergency savings",
              "private assets in defined-contribution plans",
              "Social Security solvency",
              "lifetime income"
            ],
            "tax_and_infrastructure": [
              "taxation of digital assets",
              "stock buybacks",
              "clean-energy tax",
              "One Big Beautiful Bill Act implementation",
              "infrastructure investment"
            ]
          },
          "predicate": "issue_clusters"
        },
        {
          "object": [
            "U.S. Senate",
            "U.S. House of Representatives",
            "Executive Office of the President",
            "Treasury Department",
            "Securities and Exchange Commission",
            "Federal Reserve System",
            "Commodity Futures Trading Commission",
            "Department of Labor",
            "Federal Deposit Insurance Corporation",
            "Office of the Comptroller of the Currency",
            "Federal Trade Commission",
            "Federal Energy Regulatory Commission",
            "Government Accountability Office",
            "Department of Commerce",
            "Department of Transportation",
            "Department of Energy",
            "Department of the Army"
          ],
          "predicate": "contacted_institutions"
        },
        {
          "object": "Corporate lobbying by a BlackRock entity under Fink's leadership; the filing does not identify Fink as one of the individual lobbyists",
          "predicate": "subject_connection"
        }
      ]
    }
  },
  "geospatial": {},
  "handling": {
    "pii": false,
    "sensitive": false,
    "visibility": "public"
  },
  "identifiers": [],
  "keywords": [],
  "labels": [],
  "language": "en",
  "lineage": {
    "migration_from": "0.8",
    "migration_notes": [
      "Normalized into the canonical StarIntel v0.9.0 document envelope."
    ]
  },
  "notes": [],
  "provenance": {
    "original_id": "starintel:event:blackrock-lobbying-q1-2026",
    "original_path": "digs/larry-fink/2026-07-25-q1-lobbying-update/starintel-documents.jsonl",
    "original_schema_version": "0.8",
    "software_version": "0.9.0",
    "transform": "starintel_doc.migration.migrate_document"
  },
  "quality": {},
  "related_ids": [],
  "schema_version": "0.9.0",
  "sources": [
    {
      "accessed_at": "2026-07-25T00:00:00Z",
      "metadata": {
        "source_type": "government_disclosure"
      },
      "publisher": "U.S. Senate Lobbying Disclosure Act Database",
      "title": "BlackRock Funds Services Group Q1 2026 LD-2",
      "uri": "https://lda.senate.gov/filings/public/filing/e7d7cef2-dc64-4f53-861d-9b9a94b9bb08/print/",
      "url": "https://lda.senate.gov/filings/public/filing/e7d7cef2-dc64-4f53-861d-9b9a94b9bb08/print/"
    }
  ],
  "status": "recorded",
  "summary": "BlackRock Funds Services Group reported $810,000 in federal lobbying expenses for the first quarter of 2026. The filing covered financial stability, passivity, private credit, tokenization, artificial intelligence, stablecoins, retirement-plan access, tax policy, infrastructure, data management, and numerous market-structure and investment-regulation issues.",
  "tags": [
    "lobbying",
    "q1-2026",
    "blackrock",
    "private-credit",
    "tokenization",
    "ai",
    "retirement"
  ],
  "temporal": {},
  "title": "BlackRock in-house federal lobbying — Q1 2026",
  "verification": {
    "status": "verified"
  },
  "version": 1,
  "workflow": {}
}