Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights.
That Congress disapproves the rule submitted by the Department of Labor relating to Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights (87 Fed. Reg. 73822 (December 1, 2022)), and such rule shall have no force or effect.
This joint resolution nullifies a Department of Labor rule concerning the fiduciary duties with respect to employee benefit plans.
Under the rule issued on December 1, 2022, plan fiduciaries may consider climate change and other environmental, social, and governance factors when they make investment decisions and when they exercise shareholder rights, including voting on shareholder resolutions and board nominations.
Hope it passes. One of the few things that Abbot and DeSantis and a few others have done is cut off funding of ESG initiatives, which is something that has a real tangible impact for pretty much everyone. The more this kike bullshit can be starved off at the normalfag cuckservatard political level (because, let's be real, anything more extreme than that just won't get passed) the less we'll have to deal with the consequences of it.
(post is archived)