Commentary Politicians and climate activists portray net zero climate policies as a win–win: good for the planet, good for the economy. A recent example is “Mission Zero,” a supposedly independent review of Britain’s net zero target led by the former minister who signed net zero into law. “Net zero is the economic opportunity of the…
House Fails to Override Biden’s First Presidential Veto Amid Dispute Over ESG Investment Rule
The House of Representatives on Thursday failed to override President Joe Biden’s first veto of his presidency, which was related to a Biden administration rule on environmental, social, and governance (ESG) investment. The House vote of 219–200 in favor of overriding Biden’s veto fell short of the two-thirds majority threshold required. All Republicans who were…
LIVE NOW: NTD Evening News (March 22): Trump Indictment Vote Delayed, Grand Jury Meeting Canceled; Fed Hikes Rate Again Despite Bank Failures
A potential indictment of former President Donald Trump was delayed on March 22 after the grand jury in New York investigating the Stormy Daniels hush money case was reportedly told not to meet and to be on standby for Thursday. The reason for the adjournment is unclear. Meanwhile, Republican lawmakers gave their reactions to the…
NTD Evening News (March 22): Trump Indictment Vote Delayed, Grand Jury Meeting Canceled; Fed Hikes Rate Again Despite Bank Failures
A potential indictment of former President Donald Trump was delayed on March 22 after the grand jury in New York investigating the Stormy Daniels hush money case was reportedly told not to meet and to be on standby for Thursday. The reason for the adjournment is unclear. Meanwhile, Republican lawmakers gave their reactions to the…
Manchin Says Biden’s ‘Radical’ ESG Agenda Is ‘Absolutely Infuriating,’ Undermines National Security
Senator Joe Manchin (D-W.Va.) sharply criticized the Biden administration on Monday after President Joe Biden vetoed bipartisan legislation aimed at blocking a regulation that would push private retirement plan fiduciaries to consider environment, social, and governance (ESG) factors in investment decisions for tens of millions of savers. Manchin, one of two Senate Democrats who voted…
Bank Failures Highlight Risks of Using ESG in Americans’ Pension Funds
March 22, 2023
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Business & MarketsCredit Suisseeconomic policiesenergyERISAESGinflationInvestmentpersonal financeprivate pensionsretirement fundsSan Francisco Federal Reserve BankSVB CollapseThe Federal ReserveUSUS interest rates
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President Joe Biden used his veto power on Monday to block a bipartisan action from Congress that would have prevented pension fund managers from investing retirees’ money according to environmental and social-justice criteria. “There is extensive evidence showing that environmental, social, and governance factors can have a material impact on markets, industries, and businesses,” Biden…
Capitol Report: Possible Trump Indictment Evokes Critics; Xi Meets Putin During Wartime
Some are fearing protests could break out amid the possible indictment against former President Donald Trump. Others echo Trump, calling it a witch hunt. We hear from a congressman to explore the implications of a potential Trump arrest. President Joe Biden issues his first veto to end a Republican bill opposing environmental, social, and governance…
Capitol Report: Possible Trump Indictment Evokes Criticism; Xi Meets Putin During Wartime
Some are fearing protests could break out amid the possible indictment against former President Donald Trump. Others echo Trump, calling it a witch hunt. We hear from a congressman to explore the implications of a potential Trump arrest. President Joe Biden issues his first veto to end a Republican bill opposing environmental, social, and governance…
Biden’s ESG ‘Agenda’ Puts Americans’ Pensions at Risk, Say DeSantis, Noem, 17 Other GOP Governors
March 16, 2023
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bidenBig Tech, Censorship, and SocialismdesantisESGExecutive BranchFeatured TopicsNoemPoliticsRepublicansUSUS News
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Nineteen Republican governors, including Florida Gov. Ron DeSantis and South Dakota Gov. Kristi Noem, penned a letter calling out President Joe Biden’s commitment to environmental, social, and corporate governance (ESG), which they say poses a direct threat to the American economy, individual economic freedom, and the country’s way of life. The governors asserted that the…
SVB, ESG, and Biden’s ERISA Rule
Commentary The collapse of Silicon Valley Bank (SVB) occurred just days after Congress passed the Braun-Barr resolution, which overturns the Biden administration’s “Prudence and Loyalty” rule and its encouragement of environmental, social, and governance (ESG) investing by pension managers under the Employee Retirement Income Security Act (ERISA). The timing could hardly be more instructive. The Prudence…
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