The US House failed to override President Joe Biden's first veto — of a Republican-led bill that would have banned the consideration of environmental, social or governance issues in retirement and other investment decisions.
override President Joe Biden's first veto
Republicans failed to mount the necessary two-thirds votes needed in the House to override the president's veto of the "ESG" investment bill. The override failed on a 219-200 vote mostly along party lines as most Democrats opposed. House Republicans had succeeded in passing the legislation through Congress last month, part of their agenda to undo so-called "woke" government policies that strive to bring new ways of thinking about social and environmental issues with equity and accountability.
Including such factors in financial planning has gained in popularity as Americans seek different options for where they park their retirement savings and other investments.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden irked by Kamala Harris not ‘rising to occasion’ or taking ‘anything off his plate’Two former White House officials said President Biden is frustrated with Vice President Kamala Harris’ performance.
Read more »
Kevin McCarthy: There are a lot of 'different problems' under BidenHouse Speaker Kevin McCarthy aid out the various domestic and world problems facing President Joe Biden.
Read more »
With first veto, President Biden fails to learn from CaliforniaPresident Biden issued his first veto this week, rejecting a bipartisan resolution from Congress that protected pensions from politicized investment strategies like Environmental, Social and Govern…
Read more »
House fails to override Biden's first vetoU.S. House fails to override President Biden's first veto, paving the way for implementing an administration rule that lets some retirement plans take into account environmental, social and corporate governance factors.
Read more »
House Republicans fail to override Biden's first veto on retirement plan investing ruleBiden issued his first veto after Congress voted to block the environmental, social & governance, or ESG, rule, which makes it easier for retirement plans to take into account climate change and other social factors. Republicans dubbed it a 'woke policy.'
Read more »
House Freedom Caucus urges Biden to start debt limit negotiations: ‘We’re ready’The conservative House Freedom Caucus called on President Biden to accept the reality of a divided Congress and begin negotiations on raising the debt ceiling.
Read more »