Category: Corporate elections

https://www.reuters.com/business/sustainable-business/biden-vetoes-resolution-block-labor-dept-rule-esg-investing-2023-03-20/ This article discusses President Biden using his first veto to preserve a recent Labor Department rule regarding environmental, social, and governance (ESG) funds in 401(k) retirement plans. The Biden rule rolled back a Trump-era rule that effectively barred employers from considering ESG funds for 401(k)s. The Biden rule clarifies that employers can consider workers’…