House votes to kill Biden’s ‘woke’ ESG investment rule that props up ‘phony climate movement’

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BREAKING: House votes to kill Biden’s ‘woke’ ESG investment rule that props up ‘phony climate movement’

Sen. Joe Manchin, D-W. Va., and Sen. Mike Braun, R-Ind., joined 'America's Newsroom' to discuss the push to take politics out of investing and the latest over national debt negotiations.

Republicans say that’s a recipe for tanking millions of investment accounts, and on Tuesday, House GOP leaders called up a resolution aimed at killing the rule, which passed 216-204. Only one Democrat voted for it. Rep. Mark DeSaulnier, D-Calif., said the Labor Department rule is a"a recognition that if a company is inherently risky because of the business they do on their internal practices, its stock could suffer in the long run."

"It is unacceptable to encourage fiduciaries to sacrifice the savings of Americans to the orthodoxy of the woke left," she added. Republicans also argued that companies that promote ESG policies generally underperform those that don’t and carry much higher fees. Rep. Andy Barr, R-Ky., who sponsored the resolution, said Democrats are threatening Americans’ retirement funds by"plowing them into less-diversified, higher fees and lower performing portfolios at precisely the time that we need to maximize financial security for Americans approaching retirement.

 

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Phony climate, you are trying to burn down our democracy and you are hoping the world burns 🔥 too

Bills are nothing until they're enacted per Constitution Article 1. This is just another GOP vanity headline bill that will never become law.

No one no company should ever consider ESG, that has nothing to do with wise business and investment

And dead on arrival in the Senate…. More political theater

It’s a vote.. symbolic and like bills the last effective house put forth it won’t get 60% of the votes.

... and stood to regulate corporations.

I am happy they did this. People over 50 need to pay attention to this, esp of you feel you won’t have SS. Forcing your 401k money to be invested in under performing stocks is plain old theft. If you are 20, yes, invest, you have time for them to grow

Great

FOX don't know Boo bout no Science ....... spit ding

All part of a plan to encourage other cities to allow illegals to vote so democrats can retain power at all costs and resist any and all election integrity regulations in their state.

Do you mean woke like jacked up pre-workout supplements? Does seem a hype to sell 12v solar at 120v pricing. Ohio really was a vast sea. It may have been a melted glacier, but humanity did prosper after global warming.

CBS News Videos Rupert Murdoch admits Fox News hosts endorsed election lies

Climate change remains real. I'm glad we have an administration that recognizes the reality of climate change.

Thank you.

The house can pass whatever they want. It wont pass the senate and Biden will veto it. You need 60% to override a presidential veto and they don't have that.

Phony? No way Fox fake news!

Not

And it goes no where because its a pointless vote.

LOL the House is the kiddie table.

Please define woke. Republicans keep spewing the word but won’t give the definition of woke. Seems they think it’s an insult but it’s actually the opposite if they bothered to open an read a dictionary.

Think mr president

Fox is deliberately damaging America to line their pockets. This is an established and admitted fact.

Climate is ever changing and no matter what the USA should produce our own resources to support our country and in time yes EV and such will be the future but have to work both sides

I don't trust Republicans with money and/or the economy period.

WINNING....

What is “woke” lmao y’all use it to describe everything these days😂

Anything to hurt our country.

Do you truly think anyone believes any 'news' you post especially after your CEO approved of lying to keep visitors

Faux News

Wait…Is Dark Brandon woke or sleepy?

OMG!! You mean common sense prevailed?

After republicans melted down from the Ohio pollution incident no less, it was all just a show.

This is not entertaining. Why waste your time lying about it.

🎉🎆🎈

No one will ever accuse your organization of being woke or even awake. Lying and anger inducing garbage are your your chosen specialties.

Wow imagine that , that's what republicans do they just stop stuff they have no ideas to help anyone.

When we don’t waste money,…it’s always a good thing…

There's No such term as 'woke'... Disinformation LORD Rev. 'Murdoch/Fox

thank you SpeakerMcCarthy

Outstanding!!!

Is this phoney as in the phoney lies you admitted to in court

Please, please, for the love of God, stop using the word “woke” for anything and everything you think will get your right wing base all pissy.

Can we see your texts on this so we know how you really feel?

Good for the house, and that's as far as it goes. Theatre

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