[SeekAndFind]

RE: 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.

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.

[Lockbox]

Today’s allowing is tomorrow’s requirement! Remember two weeks to bend the curve......

[FreeReign]

Congress is expected to pass a resolution disapproving of a Department of Labor (DOL) rule

Biden creates "rules", and he vetos any attempt to get rid of these rules?

Must be nice to be King.

[Ronaldus Magnus III]

The Obama / Biden Regime is preparing its first veto.

There, fixed it.

[TheCipher]

I agree . The wording is not correct. It says Congress is expected to pass a resolution. Then says Biden will veto it. The President doesn't veto resolutions, he vetos bills. All a resolution usually is is the sense of the Congress. It has no meat on it.

[Trumpisourlastchance]

Another reason to jettison his and Rats’ asses in 2024.

GOP can’t lose if they don’t sabotage themselves.

[COBOL2Java]

Sen. John Fetterman, D-Pa., is still out of the office due to being treated for clinical depression

Clinical depression? Is that what they call being brain dead these days?

[Machavelli]

This “president” is ruling by dictatorial decrees. Congress should impeach him. He is guilty of treason.

[maddog55]

It’ll never pass the Senate. Even with Manchin in and Fetterman not voting they have Kamel Toe.

[HKMk23]

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.