House votes to kill Biden’s ‘woke’ ESG investment rule that props up ‘phony climate movement’
Fox News
The House voted Tuesday to kill a Biden administration rule encouraging retirement plan fiduciaries to invest in ESG companies, which the GOP says is a disaster for retirees.
Republicans say that’s a recipe for tanking millions of investment accounts, and on Tuesday, House GOP leaders called up a resolution aimed at killing the rule, which passed 216-204. Only one Democrat voted for it. Pete Kasperowicz is a politics editor at Fox News Digital.
Democrats argued during floor debate that Labor’s rule would free up retirement plan managers to make investments in companies that adhere to ESG standards today and therefore may be more profitable in the long run, even if they are less profitable today.
Democrats are torn on how to vote for Trump's budget bill amid a looming government shutdown if an agreement is not made.
Senate Democrats are divided on how they will vote on a bill to avert a government shutdown.
Senate Democrats are divided on how they will vote on a bill to avert a government shutdown.
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