Biden issues first veto, rejecting bill to reverse ESG rule ...Middle East

President Biden on Monday issued his first veto since taking office, rejecting a bill that would have reversed a Labor Department rule on environmental, social and governance (ESG) investing. "I just vetoed my first bill," Biden said in a tweet announcing the move. "This bill would risk your retirement savings by making it illegal to consider risk factors MAGA House Republicans don't like. Your plan manager should be able to protect your hard-earned savings — whether Rep. Marjorie Taylor Greene likes it or not," he added, referring to the Georgia congresswoman. The Biden administration had previously issued a rule stating that money managers can weigh climate change and other E

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Last updated : 20 March 2023 clock 08:36 PM

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Biden issues first veto, rejecting bill to reverse ESG rule ...Middle East

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