In Fake Culture War, House Republicans Vote to Ban Retirement Plans From Considering ESG Investments ...Middle East

The House of Representatives passed a bill Tuesday blocking the Labor Department from implementing a rule that encourages retirement plans to consider environmental, social, and corporate governance, in Republicans’ latest manufactured culture war.Representatives voted 216 to 204 for the measure, mostly along party lines. Only one Democrat, Maine Representative Jared Golden, voted for the measure, which now goes to the Senate. President Joe Biden has said he will veto the bill if it makes it to his desk.Environmental, social, and corporate governance, or ESG, is a framework that helps investors understand how an organization—in this case, retirement savings plan managers—manages risks and op

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In Fake Culture War, House Republicans Vote to Ban Retirement Plans From Considering ESG Investments ...Middle East

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