Elizabeth Warren Endorses $2.4 Trillion Wall Street Giant’s Ad Campaign

• April 18, 2017 9:44 pm


Sen. Elizabeth Warren (D., Mass.) is known for her screeds against Wall Street, but she tacitly endorsed the world's third-largest asset manager with one photograph on Tuesday.

Warren tweeted a photo of herself posing with the famous, or infamous, "Fearless Girl" statue, installed by State Street Global Advisors (SSGA) last month in front of the Wall Street bull. The statue has won praise as a feminist icon and was put up as a campaign by the Wall Street giant advocating for more women to join corporate boards.

Warren, a progressive darling and potential candidate for president in 2020, wrote "Fight like a girl" in the tweet.

According to Business Insider, SSGA is a nearly $2.5 trillion investor and unit within State Street Corp.

For weeks, however, the statue also contained a plaque meant to serve SSGA's business interests, Fortune reports.

The plaque's reference to "SHE" doubled as a subtle plug for an investment product offered by State Street Global Advisors, the firm that commissioned the Fearless Girl statue. The SSGA Gender Diversity Index is also an exchange-traded fund (ETF) that trades under the ticker symbol "SHE."

Warren is making the media rounds to promote her new book, This Fight Is Our Fight: The Battle to Save America's Middle Class.

Published under: Elizabeth Warren, Wall Street