Stuart Varney: Biden's anti-ESG veto forces investors to be 'woke' with their money

Malaysia News News

Stuart Varney: Biden's anti-ESG veto forces investors to be 'woke' with their money
Malaysia Latest News,Malaysia Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

FOX Business' Stuart Varney reacted to Biden rejecting a Republican-led bill to prevent pension fund managers from basing investment decisions on factors like climate change.

, so he vetoed a bipartisan bill that would have protected your retirement savings from politicized investment decisions. You have to put up and shut up. Don't complain if the investments dictated for you don't pan out. The president's veto means you can't sue. You have no redress. JOE BIDEN ISSUES FIRST VETO, ATTEMPT TO BLOCK ESG EFFORT

It's part of a broader plan to divert private money into companies that promote climate and social justice. This is the environment, social and governance movement, ESG. You are being forced to be "woke" with your money.President Joe Biden speaks during the"Accelerating Clean Technology Innovation and Deployment" event at the COP26 U.N. Climate Summit,Senate leader Chuck Schumer

says investors have to adapt to the green future. He says it's for your own good and the good of the country. Thank you, Mr. senator and thank you, Mr. president, but this is America, and we don't like our investment decisions being dictated by the elites.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stuart Varney: Bailouts are bad, but a crash is worseStuart Varney: Bailouts are bad, but a crash is worseFOX Business' Stuart Varney discussed whether politicians would bail out banks as they did during the 2008 crisis, arguing an economic collapse is worse than a government bailout.
Read more »

Biden issues first veto on anti-ESG investing legislationBiden issues first veto on anti-ESG investing legislationJUST IN: Biden has issued the first veto of his presidency for a bill that would've repealed a Labor Dept. rule allowing retirement fund managers to consider ESG principles in their investment decisions.
Read more »

Biden issues first veto, defending Labor Dept. 'ESG' ruleBiden issues first veto, defending Labor Dept. 'ESG' ruleWASHINGTON (AP) — President Joe Biden on Monday issued the first veto of his presidency as he sought to block Republican-led efforts in Congress to overturn a Labor Department rule allowing retirement plans to consider environmental, social and governance factors when making investment decisions.
Read more »

Biden issues first veto of presidency over attempt to change ESG rulesBiden issues first veto of presidency over attempt to change ESG rulesPresident Joe Biden on Monday vetoed an attempt to change rules in retirement plans that dictate how much managers consider climate change, corporate board...
Read more »

Joe Biden Issues First Veto, Rejecting Attempt to Block ESG EffortJoe Biden Issues First Veto, Rejecting Attempt to Block ESG EffortPresident Biden issued the first veto of his presidency Monday, rejecting a Republican-led measure that would overturn a regulation allowing retirement-plan managers to consider climate change in their investment decisions
Read more »

Biden, in first veto, rejects bill that sought to block ESG investingBiden, in first veto, rejects bill that sought to block ESG investingThe Senate voted 50-46 to adopt a resolution to overturn a Labor Department rule making it easier for fund managers to consider environmental, social and corporate governance.
Read more »



Render Time: 2025-02-28 20:07:31