Social Security Report

ESG Ideology Impact on Retirement Security Questioned in Ways & Means Hearing

The question of how ESG (environmental, social, and governance) activism is affecting the future of retirement financial planning for America’s current and future retirees was dealt with extensively in a November 7 House Ways & Means hearing. Ways and Means Committee Chairman Jason Smith (MO-08) framed the opening segment of the hearing with this question posed to Texas Public Policy Foundation expert Jason Isacc, “In your estimation, what sort of returns are investors seeing from ESG labeled funds? And does this performance indicate that the ESG agenda is aligned with maximizing retirement security?” Read the highlights of the ensuing discussion here.

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