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Asset Management

Why Biden won’t budge on ESG

While Republican lawmakers will unlikely gather a sufficient two-thirds majority vote to overturn Biden’s veto, ESG investing still faces challenges on both legislative and legal fronts

Friday, 10 March 2023 at 08:23

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President Joe Biden is set to use his first veto over an obscure issue that most Americans aren’t aware of — whether retirement funds should be allowed to consider factors other than financial measures in their investment choices.