TroglocratsRdumb
Diamond Member
- Aug 11, 2017
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White House press secretary Karine Jean-Pierre confirmed Wednesday that President Joe Biden will veto the Republican-backed bill rolling back a Labor Department investing rule if it makes it to his desk.
House Republicans advanced a bill Tuesday to undo a Biden administration rule that permits retirement plans to consider environmental, social, and corporate governance in their investment decisions. The veto, which had been widely speculated, could become the first of his presidency.
"It forces MAGA Republicans' ideology down the throats of the private sector and handcuffing investors as well. The bill would bar fiduciaries from considering significant risks like extreme climate threats and poor corporate governance when they make investment decisions," Jean-Pierre told reporters during a White House press briefing.
Centrist Sens. Jon Tester (D-MT) and Joe Manchin (D-WV) signaled they would back the bill, which must first clear the Senate to get to Biden's desk. Supporters of the push to scrap the so-called ESG rule argue the policy is "woke capitalism" that undermines retirement accounts for workers, but Jean-Pierre contended it could hamstring investors.
en.wikipedia.org
Solyndra received a $535 million U.S. Department of Energy loan guarantee, the first recipient of a loan guarantee under President Barack Obama's economic stimulus program, the American Recovery and Reinvestment Act of 2009. The loan program took a $528 million loss from Solyndra.
Comment:
ESG is just another way for the corrupt and racist Democrat Party to steal your money.
ESG is the far left racist wokey dopey looting of other people's retirement savings.
Americans have already lost $billions$ in savings from Biden's economy.
Remember how Obammy forced the taxpayers to invested billions in renewable energy and that money went down the drain.
Where did that money go?
ESG is the same sort of corrupt far-left Democrat kick back scam.
House Republicans advanced a bill Tuesday to undo a Biden administration rule that permits retirement plans to consider environmental, social, and corporate governance in their investment decisions. The veto, which had been widely speculated, could become the first of his presidency.
"It forces MAGA Republicans' ideology down the throats of the private sector and handcuffing investors as well. The bill would bar fiduciaries from considering significant risks like extreme climate threats and poor corporate governance when they make investment decisions," Jean-Pierre told reporters during a White House press briefing.
Centrist Sens. Jon Tester (D-MT) and Joe Manchin (D-WV) signaled they would back the bill, which must first clear the Senate to get to Biden's desk. Supporters of the push to scrap the so-called ESG rule argue the policy is "woke capitalism" that undermines retirement accounts for workers, but Jean-Pierre contended it could hamstring investors.
MSN
www.msn.com
Team Biden's 401(k) heist could raid your retirement for a …
WebDec 6, 2022 · President Biden is threatening the returns of 401(k) savings accounts, risking millions of workers’ comfortable retirements. If you put money into a 401(k), beware.What is ESG (Environmental, Social & Governance)?
ESG is a framework that helps stakeholders understand how an organization is managing risks and opportunities related to environmental, social, and governance criteria (sometimes called ESG factors). ESG is an acronym for Environmental, Social, and Governance.Solyndra - Wikipedia
Solyndra - Wikipedia
Comment:
ESG is just another way for the corrupt and racist Democrat Party to steal your money.
ESG is the far left racist wokey dopey looting of other people's retirement savings.
Americans have already lost $billions$ in savings from Biden's economy.
Remember how Obammy forced the taxpayers to invested billions in renewable energy and that money went down the drain.
Where did that money go?
ESG is the same sort of corrupt far-left Democrat kick back scam.
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