Published 1 year ago

U.S. Congress votes to block ESG investing, Biden veto expected

Summary by Reuters

A Republican bill to prevent pension fund managers from basing investment decisions on factors like climate change cleared Congress on Wednesday, setting up a confrontation with President Joe Biden, who is expected to veto the measure.

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Reuters

U.S. Congress votes to block ESG investing, Biden veto expected

1 year ago·United Kingdom

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CNN

Senate votes to overturn Biden administration retirement investment rule Republicans decry as 'woke'

The 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.

1 year ago·Atlanta, United States

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The Washington Post

Biden faces split Congress, 1st veto as bipartisanship ebbs

President Joe Biden is getting ready to speak to House Democrats in a private meeting later Wednesday

1 year ago

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KRDO

Senate votes to overturn Biden administration retirement investment rule Republicans decry as 'woke'

1 year ago·Colorado Springs, United States

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New York Post

Senate kills Biden’s ‘woke’ ESG investment rule in bipartisan vote

The Senate on Wednesday overturned a Department of Labor rule that allows retirement plans to consider environmental, social and governance factors when making investment decisions, with Republicans arguing that it is a part of President Biden’s “woke” agenda.

1 year ago·New York, United States

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