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Keyword: esgpolicy

25 states sue Biden administration over federal ESG policy

01/27/2023 3:16:43 PM PST · by george76 · 7 replies
The Center Square ^ | 1/27/2023 | Bethany Blankley

Twenty-five attorneys general and several other plaintiffs have sued the Biden administration asking the court to halt a federal ESG policy that could negatively impact the retirement savings of 152 million Americans. The lawsuit was filed in U.S. District Court Northern District Amarillo Division naming Secretary of Labor Martin Walsh and the U.S. Department of Labor as defendants. It alleges the U.S. Department of Labor created a rule prioritizing “woke” Environmental, Social, and Governance (ESG) investing that jeopardizes the retirement savings of 152 million workers, or two-thirds of the U.S. population. Last November, the Department of Labor finalized a rule...

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