Republicans swim against tide of ESG money

Republicans swim against tide of ESG money, writes BenWinck

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Breakingviews /  🏆 470. in US

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.

Republicans could force Biden’s first veto with fights over ESG and DC crime lawPresident Joe Biden could be close to issuing the first veto of his presidency as Republicans in Congress mount a campaign to challenge two Biden regulations and a bill to block a new crime law in the District of Columbia.
Read more »

Explainer: Can Republicans topple Biden's ESG investing rule in court?The Republican-led U.S. House of Representatives voted on Tuesday to block a Biden administration rule allowing employee retirement plans to consider environmental, social and corporate governance (ESG) factors when selecting investments. President Joe Biden has promised to veto the bill if it passes the Senate, but Republican-led states and the oil industry are also challenging the rule in federal court in Texas.
Read more »

Opinion | Republicans Ought to Be All for ESGFrom WSJopinion: Republicans talk about their love of the free market, small government and letting the private sector do its work. But their obsession with eliminating ESG would do the opposite, writes SenSchumer.
Read more »

Busting the ESG trust.SenTomCotton: 'ESG exposes investors not only to legal dangers, but also to significant financial losses.' Sponsored ConsumersFirst
Read more »

House votes to cancel ESG rule in what could be first veto of Biden’s presidencyBREAKING: The House has voted to cancel a Labor Department rule that allows retirement plan managers to weigh environmental and social issues when making investments. The House voted 216-204, largely along party lines, to roll back the rule.
Read more »

House votes to kill Biden’s ‘woke’ ESG investment rule that props up ‘phony climate movement’The House voted Tuesday to kill a Biden administration rule encouraging retirement plan fiduciaries to invest in ESG companies, which the GOP says is a disaster for retirees.
Read more »