{"id":1036,"date":"2026-07-14T11:36:24","date_gmt":"2026-07-14T11:36:24","guid":{"rendered":"https:\/\/movingandmortgagehub.com\/?p=1036"},"modified":"2026-07-14T11:36:24","modified_gmt":"2026-07-14T11:36:24","slug":"attack-ad-calls-climate-activist-an-oil-investor-because-of-his-401k","status":"publish","type":"post","link":"https:\/\/movingandmortgagehub.com\/?p=1036","title":{"rendered":"Attack Ad Calls Climate Activist an Oil Investor Because of His 401(k)"},"content":{"rendered":"
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William Lawrence, the 36-year-old Sunrise Movement co-founder running a progressive congressional campaign in Michigan, has positioned himself as an enemy of big corporations. But a new attack ad aired this week suggests the opposite: Lawrence, the Crush MAGA PAC advertisement claims, has \u201cinvested thousands in Wall Street, big oil, and data centers.\u201d<\/p>

Read more Polio Made Mitch McConnell MAHA\u2019s Enemy<\/a><\/p>\n

Lawrence\u2019s show the truth is much more modest: he has approximately $11,000 invested in a T. Rowe Price 401(k). Like nearly every 401(k), the T. Rowe Price 2055 Retirement Fund has exposure to fossil fuels. And finding out exactly how much of one\u2019s retirement account is invested in fossil fuels is famously difficult.\u00a0<\/p>\n

Crush MAGA PAC is reportedly spending about $500,000 on the advertising campaign\u2014that is, more than 40 times the sum of Lawrence\u2019s retirement fund. The group, an affiliate of Save Democracy PAC\u2014which has been described as part of the \u201cpro-Israel Super PAC cinematic universe\u201d\u2014says on its website that it is \u201cdedicated to fighting against Trump\u2019s presidency and defeating any MAGA Republicans who uphold his dangerous rhetoric.\u201d But Lawrence is a progressive Democrat who has built his campaign on opposing hyperscale data center development in Michigan.\u00a0<\/p>\n

The same tactic\u2014framing a candidate\u2019s 401(k) as a nefarious investment strategy \u2014was also used against Randy Villegas, the Bernie Sanders\u2013backed community college professor who recently defeated California state legislator Jasmeet Bains to become the Democratic nominee for a congressional district in the state\u2019s Central Valley. Bains\u2019 website points out that Villegas criticized Blackrock, but invests with them\u2014 investments that consist of a single retirement account, a mutual fund worth less than $15,000. In 2024, Pennsylvania Senator Dave McCormick ran ads accusing Bob Casey Jr., then his Democratic opponent, of owning stock in a Chinese fentanyl producer. Casey had less than $50,000 in a 529 college savings account, partially invested in a Fidelity index fund, 0.001 percent of which was reportedly invested in a Chinese medical firm that produces fentanyl.\u00a0<\/p>

Read more Colombian Man in Maine Reportedly Killed by ICE Agents<\/a><\/p>\n

These ads assume voters might not understand how mutual funds work, and that these candidates have decided to invest in the things they rail against on the campaign trail.\u00a0<\/p>\n

Back in Michigan, Crush MAGA PAC\u2019s advertisement also asserts that Lawrence \u201cspent years running a dark money organization.\u201d Lawrence\u2019s campaign says that\u2019s a reference to the Sunrise Movement, the youth-led climate activist group that rose to prominence in the 2010s. Sunrise\u2019s political arm spent about $2,500 on elections in 2018, the year Lawrence reportedly left the organization.\u00a0<\/p>\n

\u201cI\u2019ve got eleven thousand bucks,\u201d Lawrence said in a video. \u201cI don\u2019t think that\u2019s going to be enough to retire\u2026if this is what they\u2019ve got on me, I\u2019m feeling pretty good.\u201d\u00a0<\/p>

Read more He\u2019s Pete Hegseth\u2019s Wealth Manager. He Also Pushes \u201cPro-Israel Policies\u201d Like War With Iran.<\/a><\/p>\n<\/article>","protected":false},"excerpt":{"rendered":"

Will Lawrence\u2019s $11,000 retirement fund is partly invested in fossil fuels. Is he a hypocrite?<\/p>\n","protected":false},"author":1,"featured_media":1034,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nAttack Ad Calls Climate Activist an Oil Investor Because of His 401(k) - Moving and Mortgage Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/movingandmortgagehub.com\/?p=1036\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Attack Ad Calls Climate Activist an Oil Investor Because of His 401(k) - Moving and Mortgage Hub\" \/>\n<meta property=\"og:description\" content=\"Will Lawrence\u2019s $11,000 retirement fund is partly invested in fossil fuels. 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