Story perspectives
BlackRock CEO Advocates Social Security Investment Strategy
3/24/2026
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Story summary
- Larry Fink, BlackRock's CEO, says Social Security supports more than 70 million Americans and should invest its assets to boost growth.
- Payroll taxes fund Social Security, and the trust funds earned 2.6% in 2025.
- Fink says the plan is not privatization and would diversify investments like Thrift Savings Plan.
- Senators Bill Cassidy and Tim Kaine propose a $1.5 trillion fund to invest in stocks and bonds to address program shortfall.
