Made available and ultimately a required 401k holding?
if this dumba$$ had done nothing (after stealing the election) except play golf, he would have gone down as one of the greatest presidents ever.
I don’t care if there are ESG funds available in my 401(k) as long as there are regular index funds as well.
death by 1000 cuts...
ESG: Extra Stupid Globalists.
Biggest fraud in history - FTX - had the highest ESG score.
bmp for later
The left will have to generate numerous Dorkbama-level “judges” in order to counter the numerous lack of fiduciary care suits from the poor folks unfortunate enough to allow their monies to be invested in woke companies. And we will also have to generate numerous guillotines to take care of the public demands after we spend a winter or two suffering from cold and starvation. Oh, those guillotines will need rusty and very dull blades. I cannot wait to watch. And rest assured, it’s gonna happen.
So the unions will be “ encouraged’ to invest their pension funds into federal govt-approved climate schemes run by progressive liberal activists…what could go wrong?
Ummm…Solyndra?
Does this mean we can use the identity of ESG funds to screen them out of our investments? Sort of a red flag if they green flag?
Black Rock thanks you Brandon for all the money you send their way.
Does the Big guy get 10%?
5.56mm
ESG in 401k’s is ridiculous, of course. But, it’s THIS STUFF that gets RINO’s really exercised - not the base’s concerns of inflation, energy, open borders, or perverts in schools.
It’s a threat to their personal retirement largesses that worries them most.
“Consider” will soon be “mandatory”
The GOP could have done something about it during Trump's first two years, but they did nothing (which is why Trump had to take ESG on via rule changes). It will just be another campaign pledge that will never be fulfilled.
It should be mandatory all government employees invest 100% of their retirement funds in ESG.