House Passes Measure To Block ESG Investing Rule, Amid Veto Threat

February 28, 2023
The Republican-controlled House has approved on party lines a Congressional Review Act (CRA) resolution that would quickly rescind a Department of Labor (DOL) rule allowing retirement plan managers to consider climate-related factors when making investing decisions, though the measure faces a White House veto threat. The House Feb. 28 voted 216-205 to approve H.J. Res. 30 . “House Republicans are proud to stand up against Democrats’ woke ESG agenda for the millions of Americans who depend on their 401(k)s for...

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