According to Fox News, ESG investors will look at environmental, social, and corporate governance factors before considering whether something is a viable purchase or risk. To clarify, ESG investments have come under intense scrutiny in recent months, and for good reason. The House of Representatives initially passed the bill in late February, voting 216-204 to kick the ESG rule to the curb. Senate voted 50-46 to adopt the resolution to block the Labor Department’s rule that would have made it easier for fund managers to “consider environmental, social, and corporate governance, or ESG, issues for investments and shareholder rights decisions, such as through proxy voting.” saPjB2CTkI- Kevin McCarthy March 9, 2023Īccording to a report from Reuters, the U.S. ![]() I hope he sides with American workers over Wall Street. ![]() Congress voted to block Biden's woke ESG rule.
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