
Activists gathered in San Francisco Thursday for a socially distanced protest targeting asset manager BlackRock. (Photo: Brooke Anderson/@movementphotographer)
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Activists gathered in San Francisco Thursday for a socially distanced protest targeting asset manager BlackRock. (Photo: Brooke Anderson/@movementphotographer)
As BlackRock--the world's biggest investor in fossil fuels and deforestation--held its annual shareholders meeting Thursday, climate activists came together in New York City, San Francisco, Brussels, and London for socially distanced demonstrations protesting the massive asset manager's "failure to live up to its rhetoric on climate change."
"BlackRock is responsible, through its irresponsible investments, for the suffering of vulnerable communities everywhere and we will not accept its hot air on climate."
--Jeff Conant, Friends of the Earth
Although the ongoing coronavirus pandemic prompted protesters to take precautions such as wearing face masks and limiting the number of participants, they still took to the streets to call out BlackRock's "hot air" on realigning its investment strategy with ensuring a habitable future planet--as founder and CEO Larry Fink had vowed to do in a January letter to the world's top chief executives.
Activists held banners near BlackRock locations in London and Brussels, while members of Friends of the Earth painted a mural and displayed banners outside the asset manager's San Francisco offices. In front of the firm's NYC headquarters, protesters floated a 10-foot hot air balloon with a banner that read "BlackRock: Hot Air on Climate."
\u201cEarlier today, just prior to #BlackRock\u2019s AGM, physically distancing activists in London and Brussels sent a message to CEO Larry Fink: his climate policies are hot air.\n\n#BLKHotAirOnClimate #BLKBigProblem #ClimateEmergency #EndFossilFinance #Activism\u201d— Asset Manager Wake Up Call \u23f0 (@Asset Manager Wake Up Call \u23f0) 1590076516
"This message to BlackRock is in solidarity with essential workers and environmental defenders everywhere," Jeff Conant, senior international forest program director at Friends of the Earth, said in a statement about the protests. "Covid-19 is a terrifying manifestation of how quickly our global systems can break down, with the greatest burden falling on those already economically disenfranchised."
Referencing the economically devastating lockdowns that have been imposed around the world because of the pandemic this year, Conant added that "we may be hunkering down, but we will not be idle or silent. BlackRock is responsible, through its irresponsible investments, for the suffering of vulnerable communities everywhere and we will not accept its hot air on climate."
\u201c\ud83c\udfafBlackRock has a BIG problem today in San Francisco, New York City, London and Brussels as activists target the world's largest asset manager for their hot air on the #ClimateEmergency. \n\n#BLKBigProblem #BLKHotAirOnClimate\u201d— Stop the Money Pipeline (@Stop the Money Pipeline) 1590083916
Friends of the Earth U.S. is part of a coalition of advocacy groups that in January launched Stop the Money Pipeline, a campaign that pressures banks, insurers, and asset managers to stop financing climate destruction. The initiative--which identifies BlackRock as a top target--kicked off just as the Wall Street titan announced it was joining the Climate Action 100+ investor initiative.
At the time, members of the BlackRock's Big Problem network called the move a "first step in the right direction" but urged the firm to "go beyond words and actually make meaningful changes to the way it wields its power." The message from activists on Thursday was that "so far BlackRock's big talk on climate change is a lot of hot air," in the words of Pete Sikora from New York Communities for Change (NYCC).
"Fink can't hide behind rhetoric without meaningful climate action. That's why we brought a hot air balloon to BlackRock's headquarters today," said Sikora. "Covid is a horror for our city. It is also a preview of the accelerating climate crisis, which BlackRock is fueling by putting more money into fossil fuels than any other investor."
\u201cOutside #BlackRock HQ in NYC, physically distancing activists brought a hot air balloon to tell CEO Larry Fink --> BlackRock is full of hot air on climate!\n\nAdd your voice, send a postcard now: https://t.co/TvWzetN1nv\n\n\ud83d\udcf8.@kateglicksbergphoto\n\n#BLKHotAirOnClimate #BLKBigProblem\u201d— Asset Manager Wake Up Call \u23f0 (@Asset Manager Wake Up Call \u23f0) 1590088167
The protests came after a virtual "People's Assembly on BlackRock" on Wednesday featuring various elected officials and Indigenous and community leaders. During the event, members of the BlackRock's Big Problem network went over questions they submitted for BlackRock's annual meeting, some of which Fink addressed Thursday.
In response, Moira Birss of Amazon Watch said that "Larry Fink's answers to our questions this morning show that BlackRock's actions just don't live up to the urgency of the climate crisis."
"While BlackRock is tweaking its investment models and talking about transparency, the Bay of Bengal is being hammered by a hurricane, Michigan is flooding after record storms, and fires in the Amazon this summer are predicted to be worse than ever," she said. "The time for rhetoric and baby steps is long gone. BlackRock has to make substantial changes to its entire investment model in order to be the climate leader it claims to be."
BlackRock was not alone in facing coronavirus-conscious protests from climate activists during shareholder meetings this week. As Common Dreams reported Tuesday, both oil giant Royal Dutch Shell and multinational investment bank JPMorgan Chase--another top target of Stop the Money Pipeline as the bank that provides the most financing for the fossil fuel industry--also saw various actions condemning their contributions to climate chaos.
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As BlackRock--the world's biggest investor in fossil fuels and deforestation--held its annual shareholders meeting Thursday, climate activists came together in New York City, San Francisco, Brussels, and London for socially distanced demonstrations protesting the massive asset manager's "failure to live up to its rhetoric on climate change."
"BlackRock is responsible, through its irresponsible investments, for the suffering of vulnerable communities everywhere and we will not accept its hot air on climate."
--Jeff Conant, Friends of the Earth
Although the ongoing coronavirus pandemic prompted protesters to take precautions such as wearing face masks and limiting the number of participants, they still took to the streets to call out BlackRock's "hot air" on realigning its investment strategy with ensuring a habitable future planet--as founder and CEO Larry Fink had vowed to do in a January letter to the world's top chief executives.
Activists held banners near BlackRock locations in London and Brussels, while members of Friends of the Earth painted a mural and displayed banners outside the asset manager's San Francisco offices. In front of the firm's NYC headquarters, protesters floated a 10-foot hot air balloon with a banner that read "BlackRock: Hot Air on Climate."
\u201cEarlier today, just prior to #BlackRock\u2019s AGM, physically distancing activists in London and Brussels sent a message to CEO Larry Fink: his climate policies are hot air.\n\n#BLKHotAirOnClimate #BLKBigProblem #ClimateEmergency #EndFossilFinance #Activism\u201d— Asset Manager Wake Up Call \u23f0 (@Asset Manager Wake Up Call \u23f0) 1590076516
"This message to BlackRock is in solidarity with essential workers and environmental defenders everywhere," Jeff Conant, senior international forest program director at Friends of the Earth, said in a statement about the protests. "Covid-19 is a terrifying manifestation of how quickly our global systems can break down, with the greatest burden falling on those already economically disenfranchised."
Referencing the economically devastating lockdowns that have been imposed around the world because of the pandemic this year, Conant added that "we may be hunkering down, but we will not be idle or silent. BlackRock is responsible, through its irresponsible investments, for the suffering of vulnerable communities everywhere and we will not accept its hot air on climate."
\u201c\ud83c\udfafBlackRock has a BIG problem today in San Francisco, New York City, London and Brussels as activists target the world's largest asset manager for their hot air on the #ClimateEmergency. \n\n#BLKBigProblem #BLKHotAirOnClimate\u201d— Stop the Money Pipeline (@Stop the Money Pipeline) 1590083916
Friends of the Earth U.S. is part of a coalition of advocacy groups that in January launched Stop the Money Pipeline, a campaign that pressures banks, insurers, and asset managers to stop financing climate destruction. The initiative--which identifies BlackRock as a top target--kicked off just as the Wall Street titan announced it was joining the Climate Action 100+ investor initiative.
At the time, members of the BlackRock's Big Problem network called the move a "first step in the right direction" but urged the firm to "go beyond words and actually make meaningful changes to the way it wields its power." The message from activists on Thursday was that "so far BlackRock's big talk on climate change is a lot of hot air," in the words of Pete Sikora from New York Communities for Change (NYCC).
"Fink can't hide behind rhetoric without meaningful climate action. That's why we brought a hot air balloon to BlackRock's headquarters today," said Sikora. "Covid is a horror for our city. It is also a preview of the accelerating climate crisis, which BlackRock is fueling by putting more money into fossil fuels than any other investor."
\u201cOutside #BlackRock HQ in NYC, physically distancing activists brought a hot air balloon to tell CEO Larry Fink --> BlackRock is full of hot air on climate!\n\nAdd your voice, send a postcard now: https://t.co/TvWzetN1nv\n\n\ud83d\udcf8.@kateglicksbergphoto\n\n#BLKHotAirOnClimate #BLKBigProblem\u201d— Asset Manager Wake Up Call \u23f0 (@Asset Manager Wake Up Call \u23f0) 1590088167
The protests came after a virtual "People's Assembly on BlackRock" on Wednesday featuring various elected officials and Indigenous and community leaders. During the event, members of the BlackRock's Big Problem network went over questions they submitted for BlackRock's annual meeting, some of which Fink addressed Thursday.
In response, Moira Birss of Amazon Watch said that "Larry Fink's answers to our questions this morning show that BlackRock's actions just don't live up to the urgency of the climate crisis."
"While BlackRock is tweaking its investment models and talking about transparency, the Bay of Bengal is being hammered by a hurricane, Michigan is flooding after record storms, and fires in the Amazon this summer are predicted to be worse than ever," she said. "The time for rhetoric and baby steps is long gone. BlackRock has to make substantial changes to its entire investment model in order to be the climate leader it claims to be."
BlackRock was not alone in facing coronavirus-conscious protests from climate activists during shareholder meetings this week. As Common Dreams reported Tuesday, both oil giant Royal Dutch Shell and multinational investment bank JPMorgan Chase--another top target of Stop the Money Pipeline as the bank that provides the most financing for the fossil fuel industry--also saw various actions condemning their contributions to climate chaos.
As BlackRock--the world's biggest investor in fossil fuels and deforestation--held its annual shareholders meeting Thursday, climate activists came together in New York City, San Francisco, Brussels, and London for socially distanced demonstrations protesting the massive asset manager's "failure to live up to its rhetoric on climate change."
"BlackRock is responsible, through its irresponsible investments, for the suffering of vulnerable communities everywhere and we will not accept its hot air on climate."
--Jeff Conant, Friends of the Earth
Although the ongoing coronavirus pandemic prompted protesters to take precautions such as wearing face masks and limiting the number of participants, they still took to the streets to call out BlackRock's "hot air" on realigning its investment strategy with ensuring a habitable future planet--as founder and CEO Larry Fink had vowed to do in a January letter to the world's top chief executives.
Activists held banners near BlackRock locations in London and Brussels, while members of Friends of the Earth painted a mural and displayed banners outside the asset manager's San Francisco offices. In front of the firm's NYC headquarters, protesters floated a 10-foot hot air balloon with a banner that read "BlackRock: Hot Air on Climate."
\u201cEarlier today, just prior to #BlackRock\u2019s AGM, physically distancing activists in London and Brussels sent a message to CEO Larry Fink: his climate policies are hot air.\n\n#BLKHotAirOnClimate #BLKBigProblem #ClimateEmergency #EndFossilFinance #Activism\u201d— Asset Manager Wake Up Call \u23f0 (@Asset Manager Wake Up Call \u23f0) 1590076516
"This message to BlackRock is in solidarity with essential workers and environmental defenders everywhere," Jeff Conant, senior international forest program director at Friends of the Earth, said in a statement about the protests. "Covid-19 is a terrifying manifestation of how quickly our global systems can break down, with the greatest burden falling on those already economically disenfranchised."
Referencing the economically devastating lockdowns that have been imposed around the world because of the pandemic this year, Conant added that "we may be hunkering down, but we will not be idle or silent. BlackRock is responsible, through its irresponsible investments, for the suffering of vulnerable communities everywhere and we will not accept its hot air on climate."
\u201c\ud83c\udfafBlackRock has a BIG problem today in San Francisco, New York City, London and Brussels as activists target the world's largest asset manager for their hot air on the #ClimateEmergency. \n\n#BLKBigProblem #BLKHotAirOnClimate\u201d— Stop the Money Pipeline (@Stop the Money Pipeline) 1590083916
Friends of the Earth U.S. is part of a coalition of advocacy groups that in January launched Stop the Money Pipeline, a campaign that pressures banks, insurers, and asset managers to stop financing climate destruction. The initiative--which identifies BlackRock as a top target--kicked off just as the Wall Street titan announced it was joining the Climate Action 100+ investor initiative.
At the time, members of the BlackRock's Big Problem network called the move a "first step in the right direction" but urged the firm to "go beyond words and actually make meaningful changes to the way it wields its power." The message from activists on Thursday was that "so far BlackRock's big talk on climate change is a lot of hot air," in the words of Pete Sikora from New York Communities for Change (NYCC).
"Fink can't hide behind rhetoric without meaningful climate action. That's why we brought a hot air balloon to BlackRock's headquarters today," said Sikora. "Covid is a horror for our city. It is also a preview of the accelerating climate crisis, which BlackRock is fueling by putting more money into fossil fuels than any other investor."
\u201cOutside #BlackRock HQ in NYC, physically distancing activists brought a hot air balloon to tell CEO Larry Fink --> BlackRock is full of hot air on climate!\n\nAdd your voice, send a postcard now: https://t.co/TvWzetN1nv\n\n\ud83d\udcf8.@kateglicksbergphoto\n\n#BLKHotAirOnClimate #BLKBigProblem\u201d— Asset Manager Wake Up Call \u23f0 (@Asset Manager Wake Up Call \u23f0) 1590088167
The protests came after a virtual "People's Assembly on BlackRock" on Wednesday featuring various elected officials and Indigenous and community leaders. During the event, members of the BlackRock's Big Problem network went over questions they submitted for BlackRock's annual meeting, some of which Fink addressed Thursday.
In response, Moira Birss of Amazon Watch said that "Larry Fink's answers to our questions this morning show that BlackRock's actions just don't live up to the urgency of the climate crisis."
"While BlackRock is tweaking its investment models and talking about transparency, the Bay of Bengal is being hammered by a hurricane, Michigan is flooding after record storms, and fires in the Amazon this summer are predicted to be worse than ever," she said. "The time for rhetoric and baby steps is long gone. BlackRock has to make substantial changes to its entire investment model in order to be the climate leader it claims to be."
BlackRock was not alone in facing coronavirus-conscious protests from climate activists during shareholder meetings this week. As Common Dreams reported Tuesday, both oil giant Royal Dutch Shell and multinational investment bank JPMorgan Chase--another top target of Stop the Money Pipeline as the bank that provides the most financing for the fossil fuel industry--also saw various actions condemning their contributions to climate chaos.
Their "astonishing, powerful op-ed," said one professor, "drives home what we are losing and what's already been lost."
Nearly every living former director or acting director of the US Centers for Disease Control and Prevention from the past half-century took to the pages of The New York Times on Monday to jointly argue that Health and Human Services Secretary Robert F. Kennedy Jr. "is endangering every American's health."
"Collectively, we spent more than 100 years working at the CDC, the world's preeminent public health agency. We served under multiple Republican and Democratic administrations," Drs. William Foege, William Roper, David Satcher, Jeffrey Koplan, Richard Besser, Tom Frieden, Anne Schuchat, Rochelle Walensky, and Mandy Cohen highlighted.
What RFK Jr. "has done to the CDC and to our nation's public health system over the past several months—culminating in his decision to fire Dr. Susan Monarez as CDC director days ago—is unlike anything we have ever seen at the agency, and unlike anything our country has ever experienced," the nine former agency leaders wrote.
Known for spreading misinformation about vaccines and a series of scandals, Kennedy was a controversial figure long before President Donald Trump chose him to lead HHS—a decision that Senate Republicans affirmed in February. However, in the wake of Monarez's ouster, fresh calls for him to resign or be fired have mounted.
This is powerful. Nine former CDC leaders just came together to defend SCIENCE.Maybe it’s time we LISTEN TO THEM—not the loud voices spreading MISINFORMATION.Science saves lives. Lies cost themwww.nytimes.com/2025/09/01/o...
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— Krutika Kuppalli, MD FIDSA (@krutikakuppalli.bsky.social) September 1, 2025 at 10:35 AM
As the ex-directors detailed:
Secretary Kennedy has fired thousands of federal health workers and severely weakened programs designed to protect Americans from cancer, heart attacks, strokes, lead poisoning, injury, violence, and more. Amid the largest measles outbreak in the United States in a generation, he's focused on unproven "treatments" while downplaying vaccines. He canceled investments in promising medical research that will leave us ill-prepared for future health emergencies. He replaced experts on federal health advisory committees with unqualified individuals who share his dangerous and unscientific views. He announced the end of US support for global vaccination programs that protect millions of children and keep Americans safe, citing flawed research and making inaccurate statements. And he championed federal legislation that will cause millions of people with health insurance through Medicaid to lose their coverage. Firing Dr. Monarez—which led to the resignations of top CDC officials—adds considerable fuel to this raging fire.
Monarez was nominated by Trump, and was confirmed by Senate Republicans in late July. As the op-ed authors noted, she was forced out by RFK Jr. just weeks later, after she reportedly refused "to rubber-stamp his dangerous and unfounded vaccine recommendations or heed his demand to fire senior CDC staff members."
"These are not typical requests from a health secretary to a CDC director," they wrote. "Not even close. None of us would have agreed to the secretary's demands, and we applaud Dr. Monarez for standing up for the agency and the health of our communities."
After Monarez's exit, Trump tapped Jim O'Neill, an RFK Jr. aide and biotech investor, as the CDC's interim director. Critics including Robert Steinbrook, director of Public Citizen's health research group, warn that "unlike Susan Monarez, O'Neill is likely to rubber-stamp dangerous vaccine recommendations from HHS Secretary Kennedy's handpicked appointees to the Advisory Committee on Immunization Practices and obey orders to fire CDC public health experts with scientific integrity."
The agency's former directors didn't address O'Neill, but they wrote: "To those on the CDC staff who continue to perform their jobs heroically in the face of the excruciating circumstances, we offer our sincere thanks and appreciation. Their ongoing dedication is a model for all of us. But it's clear that the agency is hurting badly."
"We have a message for the rest of the nation as well: This is a time to rally to protect the health of every American," they continued. The experts called on Congress to "exercise its oversight authority over HHS," and state and local governments to "fill funding gaps where they can." They also urged philanthropy, the private sector, medical groups, and physicians to boost investments, "continue to stand up for science and truth," and support patients "with sound guidance and empathy."
Doctors, researchers, journalists, and others called their "must-read" piece "extraordinary" and "important."
"Just an astonishing, powerful op-ed that drives home what we are losing and what's already been lost," said University of Michigan Law School professor Leah Litman. "We are so incredibly fortunate to live with the advances [of] modern medicine and health science. Destroying and stymying it is just unforgivable."
"This is a government that is by, and for, the CEOs and billionaires," said AFL-CIO president Liz Shuler.
Although US President Donald Trump's administration likes to boast that he puts "American workers first," several news reports published on Monday document the president's attacks on the rights of working people and labor unions.
As longtime labor reporter Steven Greenhouse explained in The Guardian, Trump throughout his second term has "taken dozens of actions that hurt workers, often by cutting their pay or making their jobs more dangerous."
Among other things, Greenhouse cited Trump's decision to halt a regulation intended to protect coal miners from lung disease, as well as his decision to strip a million federal workers of their collective bargaining rights.
Liz Shuler, president of the AFL-CIO, told Greenhouse that Trump's actions amount to a "big betrayal" of his promises to look out for US workers during the 2024 presidential campaign.
"His attacks on unions are coming fast and furious," she said. "He talks a good game of being for working people, but he's doing the absolute opposite. This is a government that is by, and for, the CEOs and billionaires."
Heidi Shierholz, president of the Economic Policy Institute, similarly told Greenhouse that Trump has been "absolutely, brazenly anti-worker," and she cited him ripping away an increase in the minimum wage for federal contractors that had been enacted by former President Joe Biden as a prime example.
"The minimum wage is incredibly popular," she said. "He just took away the minimum wage from hundreds of thousands of workers. That blew my mind."
NPR published its own Labor Day report that zeroed in on how the president is "decimating" federal employee unions by issuing March and August executive orders stripping them of the power to collectively bargain for better working conditions.
So far, nine federal agencies have canceled their union contracts as a result of the orders, which are based on a provision in federal law that gives the president the power to terminate collective bargaining at agencies that are primarily involved with national security.
The Trump administration has embraced a maximalist interpretation of this power and has demanded the end of collective bargaining at departments that aren't primarily known as national security agencies, including the Environmental Protection Agency and the National Weather Service.
However, Trump's attacks on organized labor haven't completely intimidated government workers from joining unions. As the Los Angeles Times reported, the Trump administration's cuts to the National Park Service earlier this year inspired hundreds of workers at the California-based Yosemite, Sequoia, and Kings Canyon national parks to unionize.
Although labor organizers had been trying unsuccessfully for years to get park workers to sign on, that changed when the Trump administration took a hatchet to parks' budgets and enacted mass layoffs.
"More than 97% of employees at Yosemite and Sequoia and Kings Canyon national parks who cast ballots voted to unionize, with results certified last week," wrote the Los Angeles Times. "More than 600 staffers—including interpretive park rangers, biologists, firefighters, and fee collectors—are now represented by the National Federation of Federal Employees."
Even so, many workers who succeed in forming unions may no longer get their grievances heard given the state of the National Labor Relations Board (NLRB).
As documented by Timothy Noah in The New Republic, the NLRB is now "hanging by a thread" in the wake of a court ruling that declared the board's structure to be unconstitutional because it barred the president from being able to fire NLRB administrative judges at will.
"The ruling doesn't shut down the NLRB entirely because it applies only to cases in Louisiana, Mississippi, and Texas, where the 5th Circuit has jurisdiction," Noah explained. "But Jennifer Abruzzo, who was President Joe Biden's NLRB general counsel, told me that the decision will 'open the floodgates for employers to forum-shop and seek to get injunctions' in those three states."
Noah noted that this lawsuit was brought in part by SpaceX owner and one-time Trump ally Elon Musk, and he accused the Trump NLRB of waging a "half-hearted" fight against Musk's attack on workers' rights.
Thanks to Trump and Musk's actions, Noah concluded, American oligarchs "can toast the NLRB's imminent destruction."
"The Constitution gives this authority to the states and Congress, not you!" said the head of Democracy Defenders Fund, threatening a lawsuit.
US President Donald Trump continued his "authoritarian takeover of our election system" over the weekend, threatening an executive order requiring every voter to present identification, which experts swiftly denounced as clearly "unconstitutional."
"Voter I.D. Must Be Part of Every Single Vote. NO EXCEPTIONS!" Trump wrote on his Truth Social platform late Saturday. "I Will Be Doing An Executive Order To That End!!! Also, No Mail-In Voting, Except For Those That Are Very Ill, And The Far Away Military. USE PAPER BALLOTS ONLY!!!"
Less than two weeks ago, Trump declared on the platform that "I am going to lead a movement to get rid of MAIL-IN BALLOTS, and also, while we're at it, Highly 'Inaccurate,' Very Expensive, and Seriously Controversial VOTING MACHINES." He claimed, without evidence, that voting by mail leads to "MASSIVE VOTER FRAUD," and promised to take executive action ahead of the 2026 midterms.
Those posts came as battles over his March executive order (EO), "Preserving and Protecting the Integrity of American Elections," are playing out in federal court. The measure was largely blocked by multiple district judges, but the president is appealing.
Trump's voter ID post provoked a new threat of legal action to stop his unconstitutional attacks on the nation's election system.
"Go ahead, make my day Mr. Trump," said Norm Eisen, who co-founded Democracy Defenders Fund and served as White House special counsel for ethics and government reform during the Obama administration.
"We at Democracy Defenders Fund immediately sued you and got an injunction on your first voting EO," he noted. "We will do the same here if you try it again. The Constitution gives this authority to the states and Congress, not you!"
In addition to pointing out that Trump is "an absentee voter himself," Democracy Docket explained Sunday that "the US Constitution gives the states the primary authority to regulate elections, while empowering Congress to 'at any time by Law make or alter such Regulations.' The Framers never considered authorizing the president to oversee elections."
According to the National Conference of State Legislatures: "Thirty-six states have laws requesting or requiring voters to show some form of identification at the polls. The remaining 14 states and Washington, DC use other methods to verify the identity of voters."
Those laws already prevent Americans from participating in elections, according to the Brennan Center for Justice at New York University School of Law.
"Overly burdensome photo ID requirements block millions of eligible American citizens from voting," the center's voter ID webpage says. "As many as 11% of eligible voters do not have the kind of ID that is required by states with strict ID requirements, and that percentage is even higher among seniors, minorities, people with disabilities, low-income voters, and students."