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Tag: ESG

Biden Issues First Veto on ESG and Woke Capitalism

Posted on March 22, 2023March 22, 2023 by Dee

On Monday, Joe Biden vetoed legislation overturning a labor department rule Republicans have called ‘woke capitalism.’ According to Biden’s video release, Congress’s legislation would jeopardize Americans’ retirement savings. Biden said they failed to consider investments that would be impacted by climate and impacted by overpaying executives. Because of this, he decided to veto it.

DeSantis Proposes New Legislation That Will Make It Illegal For Banks to Use ESG Investment Choices

Posted on February 14, 2023February 14, 2023 by Dee

Ron DeSantis, Florida’s governor, has proposed new legislation that would make it illegal for banks to use environmental, social, and governance (ESG) principles in making investment choices.

The Republican House Majority Might Protect Industries From New Taxes and Regulations

Posted on November 22, 2022November 22, 2022 by Dee

According to one analyst, the stalemate in Washington is beneficial to American industry. Long ago, Republican victories at the polls translated into advantages for the corporate lobby in Washington. Despite the party’s growing populist tilt, this election is unlikely to be an exception.

Woke Investments At The Top Of Republicans’ To-Do List

Posted on November 3, 2022November 8, 2022 by Dee

Republican state officials — who have cut business ties with firms that they claim discriminate against fossil fuel companies as part of a “woke” agenda — will continue to discourage asset managers and banks from taking environmental, social, and governance factors into account when making financial decisions.

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