Get access to our best features
Get access to our best features
Published 2 months ago

Biden ESG rule survives challenge from 25 red states

  • A federal judge in Texas ruled in favor of the Biden administration's climate-friendly 401(k) investing rule, allowing employee retirement plans to consider environmental, social, and governance (ESG) issues in investment decisions.
  • The Labor Department's rule remains effective, overturning restrictions adopted by former President Trump's administration on considering ESG factors in investment decisions.
  • The rule covers plans that collectively invest $12 trillion on behalf of more than 150 million people, potentially impacting millions of Americans' retirement savings.
Insights by Ground AI
Does this summary seem wrong?

6 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
66% Center

To view factuality data please Upgrade to Premium


To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)