Media Bias Fact Check (MBFC) publishes daily vetted fact checks from verified IFCN-approved sources. Each claim is independently reviewed for accuracy and context.
Claimant: Social Media
Claim: BlackRock CEO Larry Fink said trillions of dollars of ordinary people’s savings accounts and pension accounts will be used to fund new data centers and power infrastructure.
Rating: MOSTLY TRUE
Explanation: Larry Fink discussed long-term investment and retirement assets as likely funding sources for future infrastructure projects. However, he was making a prediction about investment capital, not announcing a plan to seize personal savings accounts.
Date: 05/30/2026
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Last Updated on May 30, 2026 by Media Bias Fact Check