The Real Me @TheRealMe
Biden vetoes protection against Trump-era ban on federal managers of retirement plans considering factors such as climate change, social impacts or pending lawsuits when making investment choices.

ESG bill = Environmental, Social, and Corporate Governance.

This bill allows pension fund managers to invest in ESG compliant companies WITHOUT LIABILITY TO ITS CLIENTS. Previously, fund managers could be held liable for not maintaining the best financial interests of the employees' retirement funds. Now, fiduciary responsibility is gone.

Will the GOP fight it? Naaah, probably not.
09:28 PM - Mar 21, 2023
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