Tag: Republicans
US Republicans initiate fresh clampdown on ESG investing in retirement portfolios
US Republican congressmen have proposed a new legislation, the ESG Act, intended to restrict ESG investing in retirement funds.
President Biden vetoes anti-ESG legislation
President Biden has issued the first veto of his presidency after the Republicans voted to overturn ESG considerations in ERISA plans.
Republican-led House of Representatives passes anti-ESG investing rule
The US House of Representatives has approved legislation aimed at blocking a new law allowing the consideration of climate and ESG factors by retirement plan fiduciaries.
Republicans ask Congress to block ESG rule
A group of 27 Republican state Attorneys General have reportedly published a letter to Congressional leaders aimed at blocking the implementation of an ESG investing rule.
GOP senators pressure banking agencies for more reg relief
A group of Republicans have pushed banking regulators to adjust several regulatory relief proposals and make them more lenient.