“The Senate made the right decision to vote down Biden’s rule to harm Americans’ retirement savings. I am proud to lead this bipartisan challenge,” Sen. Mike Braun (R-Ind.), who sponsored the bill,…
A similar bill sailed through the GOP-controlled House on Tuesday in a 216-204 vote.
Republican lawmakers, such as Sen. John Barrasso also worried that the Labor Department rule would jeopardize the retirement savings of more than 152 million Americans. “We’re trying to protect retirement funds for people,” Barrasso said during the press conference on Wednesday. Tesla CEO Elon Musk last year called ESG a scam that “has been weaponized by phony social justice warriors.”
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