Republican lawmakers warn that the ESG push by firms and financial regulators is hurting investor returns and the fossil fuel industry.
A GOP campaign is pitting Republicans against big money managers and other Wall Street players, including BlackRock and JPMorgan Chase. | Ted Shaffrey/AP PhotoThe GOP’s war on corporate America’s environmental and social agenda is creating an unexpected set of Wall Street allies: Democrats defending free-market capitalism.
The response illustrates how the GOP’s escalating culture war with big business is straining its relationship with Wall Street and creating a new line of attack for Democrats ahead of the 2024 election. Rep. said at a hearing this month that former President Ronald Reagan “would be ashamed” of his party’s new approach.
Rep. Andy Barr sponsored a measure that would have repealed a Biden Labor Department rule that permits retirement investing tied to environmental and social goals. | Francis Chung/POLITICO
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
BBC Defends Wall-To-Wall Huw Edwards Coverage After Audience ComplaintsEXCLUSIVE: The BBC has defended the high volume of coverage it dedicated to the scandal involving Huw Edwards, the British broadcaster’s highest-paid news presenter. BBC News extensively cove…
Leer más »
Poll: Majority Support Donald Trump in Primary as DeSantis Drops to Lower TeensA majority of Republican likely voters support former President Donald Trump in the Republican primary race, while Gov. Ron DeSantis drops to the lower teens, Monday’s Rasmussen Reports survey found.
Leer más »
Top Wall Street analysts see solid potential in these five stocksTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Rivian and Alphabet.
Leer más »
What's ahead this week for Wall Street and the economy | CNN BusinessWhat's ahead this week for Wall Street and the economy | Analysis by Krystal Hur
Leer más »
Dumb Money Poster Has Something to Say to Wall Street for Sony's Biopic DramedyThe official Dumb Money poster has been released for Sony Pictures' upcoming biopic about the 2021's GameStop short squeeze incident.
Leer más »