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Us Congress Proposes New Bill to Amend Rules to Prevent Esg From Impacting Retirement Investments | House of Representatives | Retirement Funds | Act to Protect Retirement Savings and Prudent Investments
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The U.S. House of Representatives passed the Protecting Prudent Investment of Retirement Savings Act on Thursday (January 15), a bill pushed by Republicans. The bill aims to change the standards by which retirement fund trustees overemphasize environmental, social, and governance (ESG) factors in investment decisions, ensuring that financial returns are prioritized in investment decisions.
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