Biden vetoed a bill that would have stopped your retirement savings being used to fund political woke activism. We are being forced to fund our own destruction.
By what right does the government command our retirement money to fund their lunacy?
Biden shredded after issuing first veto of his presidency to protect ESG: ‘Such a liar’
ESG is so obviously bad for America that Biden's veto of an anti-ESG bill looks like a favor to China.
All that "good faith seed money" the Biden Crime Family accepted from China is starting to make sense.
Reciprocity.
Biden can't even explain why the veto makes sense. https://t.co/Uqr45rGDzE
— Scott Adams (@ScottAdamsSays) March 21, 2023
Fox News: President Joe Biden vetoed a bill for the first time in his presidency on Monday, arguing that the legislation was overly influenced by “MAGA Republicans.” The Republican-led legislation prevented Biden’s administration from taking environmental, social and corporate governance (ESG) issues into account when making investment decisions. GOP lawmakers argue ESG is a measure of a corporation’s loyalty to “woke” cultural movements and should not be taken into account. The bill specifically ended enforcement of a new Labor Department rule that urged private retirement plan fiduciaries to consider ESG in their investment decisions (Fox News). Associated Press: Critics say environmental, social and governance (ESG) investments allocate money based on political agendas, such as a drive against climate change, rather than on earning the best returns for savers. It’s just the latest manifestation of the new relationship, and Biden is gearing up for even bigger fights with Republicans on government spending and raising the nation’s debt limit in the next few months (Associated Press).
In his first veto, Biden just sided with woke Wall Street over workers. Tells you exactly where his priorities lie.
Now—despite a bipartisan vote to block his ESG agenda—it’s clear Biden wants Wall Street to use your retirement savings to fund his far-left political causes.
— Kevin McCarthy (@SpeakerMcCarthy) March 20, 2023
Joe Biden decided to make the first veto of his presidency a bipartisan bill to prevent retirement plan advisers from investing your savings in ESG and then proceeded to send another $350 million to Ukraine.
This is an administration that serves Wall Street, BlackRock, and the…
— Michael Seifert (@realmichaelseif) March 20, 2023
Biden issues first veto of his presidency over influence from ‘MAGA Republicans’
Biden singled out Rep. Marjorie Taylor Greene
By Anders Hagstrom | Fox NewsADVERTISEMENTPresident Joe Biden vetoed a bill for the first time in his presidency on Monday, arguing that the legislation was overly influenced by “MAGA Republicans.”
The Republican-led legislation prevented Biden’s administration from taking environmental, social and corporate governance (ESG) issues into account when making investment decisions. GOP lawmakers argue ESG is a measure of a corporation’s loyalty to “woke” cultural movements and should not be taken into account.
“I just vetoed my first bill. 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,” Biden announced in a Monday tweet.
placeholderThe bill specifically ended enforcement of a new Labor Department rule that urged private retirement plan fiduciaries to consider ESG in their investment decisions.
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