Biden could issue his first veto as Congress prepares to vote against ESG investment rule

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Lawmakers have said the Department of Labor rule 'politicizes' the retirement savings for millions of Americans and are voting to disapprove the rule and kill it.

the DOL rule, saying it"politicizes" and"jeopardizes" the retirement savings of more than 152 million Americans. Last month, Sen. Mike Braun, R-Ind., and Rep. Andy Barr, R-Ky., introduced the bipartisan disapproval resolution, which has the backing of all GOP senators, Democratic Sen. Joe Manchin of West Virginia and more than 100 organizations.

A GOP aide told Fox News Digital the bill will be able to pass the House and is confident there are enough votes to pass it in the Senate, even if Fetterman votes against it. "After a month of President Biden accusing Republicans of partisanship and trying to hurt Americans’ retirements, the next thing that comes to his desk is a bipartisan rebuke of his policy that’s hurting Americans’ retirement savings to fund his political agenda," said the aide.

"The rule reflects what successful marketplace investors already know – there is an extensive body of evidence that environmental, social, and governance factors can have material impacts on certain markets, industries, and companies," the White House argued while slamming the previous Trump administration for"chilling" ESG investments.The resolution of disapproval was proposed under the Congressional Review Act.

 

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BIDEN IS AN EVIL PIECE OF FILTH EVIL TREASONOUS CHI COM RUSSIAN UKRAINE PUPPET !

The Senate.

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US House Republicans target ESG investments in latest culture war salvoThe Republican-controlled U.S. House is expected to vote on Tuesday on a bill to block President Joe Biden's administration from allowing retirement plans to consider environmental, social and corporate governance, or ESG, issues in their investment decisions. Who the hell is Doug Fetterman? Its ok, I'm sure we'll find a back up planet for everyone to move to once we're done with this one. Republicans going after ESG is going to backfire.
Source: Reuters - 🏆 2. / 97 Read more »