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Georgia Congressman Rips into Labor Department ESG investment rule
Rep Rick Allen (R-GA), co-signer on H.J.Res.30 introduced February 7, 2023 by Rep. Andy Barr (R-KY), spoke on the House Floor against the Biden Administration Labor Department rule regarding ESG investment in long-term investment funds. Citing the Administration’s emphasis on supporting “its radical green new deal agenda” to the detriment of the American people and their financial well-being. In the brief video, which you can access here, Rep Allen stresses the potentially negative impact of the ESG-related ruling on retirement accounts.