The U.S. Senate on Wednesday passed a measure to block retirement account managers from considering environmental, social, and corporate governance principles (ESG) when evaluating investments in retirement plans.
The joint resolution measure, approved in a 50-46 vote, aims to overturn a Labor Department rule that currently allows fiduciaries to consider those factors. But it's set to be blocked when it arrives at the White House in what would be President Biden’s first veto since taking office.
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This seems like an absurdly clear and straightforward violation of the first amendment so I'm looking forward to hearing the Supreme Court's brief on why this is legal
if you don't invest in my company, you are violating the free exercise of my religion, which requires that everyone invest in my company.