A similar bill sailed through the GOP-controlled House on Tuesday in a 216-204 vote.
Republican lawmakers, such as Sen. John Barrasso also worried that the Labor Department rule would jeopardize the retirement savings of more than 152 million Americans. “We’re trying to protect retirement funds for people,” Barrasso said during the press conference on Wednesday. Tesla CEO Elon Musk last year called ESG a scam that “has been weaponized by phony social justice warriors.”
misleading headline; this is solely about giving fund managers more options
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Very good. Unfortunately though, Biden will likely just veto it. Identity politics and wokeness are two of the biggest things that drives Biden's unspeakably pathetic 'Presidency'. So it stands to reason that he would heavily protect that ESG crap.
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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. Good for the house, and that's as far as it goes. Theatre There's No such term as 'woke'... Disinformation LORD Rev. 'Murdoch/Fox thank you SpeakerMcCarthy
Source: FoxNews - 🏆 9. / 87 Read more »
Senate kills Biden ESG investment rule in stunning rebukeThe Senate formally killed a Biden administration rule that encourages private retirement plan fiduciaries to consider ESG factors when making investment decisions for over 150 million Americans. Thank God! Who wants their investor to invest your money based on environmental factors? Fuck that. I want my investor to make me money, not save a fucking tree.
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Senate votes to overturn Biden administration retirement investment rule Republicans decry as 'woke' | CNN PoliticsThe Senate passed a politically charged resolution on Wednesday to overturn a Biden administration retirement investment rule that allows managers of retirement funds to consider the impact of climate change and other environmental, social and governance factors when picking investments. Do better CNN and stop helping Republicans. This should say 'Senate to vote to...'. Who are the 4 senators that failed to vote? Your article calls out the 2 Ds that voted with Rs, but not the 4 no shows. Had they voted against, the measure would have failed. Those who do not use their vote are also responsible.
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