A growing wave of public pension administrators, business groups, and labor unions are sending a message to Republicans looking to curb so-called “woke” investing.
have implemented or are considering regulations banning public entities from considering ESG factors when investing state resources, according to a Harvard University report. Eight states have advanced bills or directives that target companies or banks accused of boycotting investments in oil and gas or firearms.
“But as I have said consistently over many years now,” he wrote, “it is for governments to make policy and enact legislation, and not for companies, including asset managers, to be the environmental police.” This month in Texas — the center of the U.S. oil and gas industry — Republican state Sen. Bryan Hughes
“It’s the firefighters and the municipal workers who are really going to see the financial impact on their pension funds, as a result of constraints on financial institutions and options,” she said. Still, several state research agencies have flagged potentially substantial costs to pensioners from the proposed restrictions on ESG investing.that would require the Indiana Public Retirement System and the Indiana State Police Pension Trust to divest from any ESG funds and cease business with offending companies.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Republicans play to take Joe Manchin's Senate seat has a history of failingGOP leaders are encouraging West Virginia Governor Jim Justice to run against Manchin in 2024.
Baca lebih lajut »
In abrupt retirement letter, an investigations director decries Texas’ “untenable” child welfare agencyIn her four-page resignation letter, Sharon Fonvielle-Baughman described a chaotic work environment within the Department of Family and Protective Services special investigators division, saying leadership failed to support the unit.
Baca lebih lajut »
Trump’s beer track advantage over Ron DeSantisThe greatest divide with potential to define the 2024 GOP primary is class. Don’t expect the most educated Republicans to fall in love with Trump, or the “beer track” to abandon him. But any marked shifts among these groups could make the difference.
Baca lebih lajut »
Retirement 2023: Retirees need to withdraw first payment from plans in seven daysRetirees who have not made their first mandatory retirement plan withdrawal have seven days to do so and avoid a penalty.
Baca lebih lajut »
Americans lose $20K retirement savings if Congress doesn't raise debt ceiling: reportAmericans could lose $20,000 in retirement savings and private student-loan borrowers could see their payments surge if Republicans don't raise the debt ceiling, a new report says
Baca lebih lajut »