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Keyword: esginvesting

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  • House GOP votes next week to kill Biden’s ‘woke’ ESG investing rule

    02/28/2023 8:04:32 AM PST · by Twotone · 5 replies
    Fox News ^ | February 24, 2023 | Peter Kasperowicz
    House Republicans will vote on legislation next week to kill the Biden administration’s controversial rule that allows private retirement plan fiduciaries to consider environment, social and governance (ESG) factors when making investment decisions for their clients. The Department of Labor’s controversial rule, which took effect in February, has been derided by Republicans and dozens of trade associations as an effort to impose a social agenda on the more than 140 million Americans whose retirement plans are governed by standards set by the federal government. For decades, those standards have said investment decisions must be guided by the goal of maximizing...