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2023-02-28 -Signs, Portents, and the Weather-

House to Vote on Resolution to Scrap Biden ESG Rule

[Breitbart] The House will take up legislation this week that would scrap President Joe Biden’s environmental, social, and governance (ESG) rule.

The House will vote on a resolution, sponsored by Rep. Andy Barr (R-KY) and Sen. Mike Braun (R-IN), that would nullify the Department of Commerce’s rulemaking allowing fiduciaries to take environmental, social, and governance (ESG) factors into consideration when choosing retirement investments.

Congressional Review Act (CRA) resolutions allow for Congress to nullify federal government regulations within 60 legislation days of their rulemaking. CRA resolutions also only require a simple majority, or 51 votes to pass through the Senate.

The resolution has the support of 49 Senate Republicans and Sen. Joe Manchin (D-WV), meaning the bill only needs one more Senate Democrat to back the bill to have it be sent to Biden’s desk should the House pass the bill.

Posted by Skidmark 2023-02-28 08:02|| || Front Page|| [15 views ] Top

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

Posted by Skidmark 2023-02-28 08:05|| 2023-02-28 08:05|| Front Page Top

#2 Biden admin quietly admits White House's 9,000 unused oil permits talking point is wrong

Posted by Skidmark 2023-02-28 08:06|| 2023-02-28 08:06|| Front Page Top

#3 Interesting to see how the Senate votes.

A lot of the Democrats are recipients of yuuge donations by the wealthy who may not appreciate the lower returns that come with ESG divination

Posted by lord garth 2023-02-28 09:59|| 2023-02-28 09:59|| Front Page Top

#4 Vanguard CEO Abandons ESG Investing Alliance: "Not In The Game Of Politics"

Posted by Skidmark 2023-02-28 10:15|| 2023-02-28 10:15|| Front Page Top