Can you spot the fetterman?
Posted on 02/28/2023 9:35:47 PM PST by SeekAndFind
President Biden may be close to issuing the first veto of his presidency as Congress is expected to pass a resolution disapproving of a Department of Labor (DOL) rule allowing retirement plan managers to factor environment, social and governance (ESG) into their investment decisions.
Lawmakers have criticized the DOL rule, saying it "politicizes" and "jeopardizes" the retirement savings of more than 152 million Americans. Last month, Sen. Mike Braun, R-Ind., and Rep. Andy Barr, R-Ky., introduced the bipartisan disapproval resolution, which has the backing of all GOP senators, Democratic Sen. Joe Manchin of West Virginia and more than 100 organizations.
Passage will only require a simple majority Senate vote to pass and be sent to Biden's desk. If Sen. John Fetterman, D-Pa., is still out of the office due to being treated for clinical depression, that would let supporters pass it by at least a 50-49 vote, or a larger margin if other Democrats support it.
A GOP aide told Fox News Digital the bill will be able to pass the House and is confident there are enough votes to pass it in the Senate, even if Fetterman votes against it.
"After a month of President Biden accusing Republicans of partisanship and trying to hurt Americans’ retirements, the next thing that comes to his desk is a bipartisan rebuke of his policy that’s hurting Americans’ retirement savings to fund his political agenda," said the aide.
The House is expected to vote on Tuesday, when it is easily expected to be approved, given the GOP majority. The Senate vote is expected to follow Wednesday.
The White House warned Monday that Biden "will veto" the bill if it is sent to his desk.
(Excerpt) Read more at foxnews.com ...
SOME QUESTIONS REGARDING THE WORDING OF THIS REPORT:
1) What's this nonsense about Congress disapproving a DOL rule? You can disapprove all you want, but how does a disapproval have any teeth?
2) It says "allowing retirement plan managers to factor ESG in their investment decisions.
"allowing" is not "requiring" is it?
If a retirement manager WANTS to factor in ESG rules and you, the investor don't want it, FIND A DIFFERENT RETIREMENT MANAGER.
Today’s allowing is tomorrow’s requirement! Remember two weeks to bend the curve......
Biden creates "rules", and he vetos any attempt to get rid of these rules?
Must be nice to be King.
The Obama / Biden Regime is preparing its first veto.
There, fixed it.
I maintain that a Congressional reversal of an EO or agency rule shouldn’t be subject to a veto or even require a signature. If the repeal passes Congress, it means the EO or rule would not have passed if it were a law. QED.
Another reason to jettison his and Rats’ asses in 2024.
GOP can’t lose if they don’t sabotage themselves.
Clinical depression? Is that what they call being brain dead these days?
This “president” is ruling by dictatorial decrees. Congress should impeach him. He is guilty of treason.
It’ll never pass the Senate. Even with Manchin in and Fetterman not voting they have Kamel Toe.
That's why the title says Biden could issue his first veto, not "will issue," because senate rats and Kamela.
Can you spot the fetterman?
I see Biden’s brain in the lower-left-hand corner.
The title says Biden could issue his first veto..
Understand “could” but the Senate is never mentioned.
I simple said he won’t have to because it won’t pass the Senate.
Absolutely correct.
Working 401k and 403b account holders are constrained by their employers as to what accounts are available to them, and that constrains their choice of account management. The option to pick a sane one isn’t always present unless you want to leave money on the table.
I advocate taking 100% of any available Employer Matching. and not a penny more, but even the performance of that minimal participation is muted by ESG BS.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.