Republican Senators Bash DOL's ESG Retirement Proposal

By Al Barbarino ( December 10, 2021, 4:05 PM EST) -- A group of Republican senators is urging the U.S. Labor Department to scrap a proposal to reverse Trump-era rules that discouraged environmental, social and governance investing by employee retirement funds, arguing in a letter Friday that the "fatally flawed" changes would allow plan fiduciaries to pursue a trendy investing agenda that would bring no financial benefits to plan participants....

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