Kevin McCarthy Moves to Block Biden's Woke ESG Regulation

1 year ago
18.2K

Do you have a 401k? Or some kind of retirement plan through work?

If so, what I'm about to tell you affects you directly.

A new regulation from the Biden Administration allows your retirement savings to be used to fund a political agenda you may not agree with.

It lets Wall Street redirect your money into something called “ESG” investments.

The goal of these funds isn’t to maximize your returns or grow your savings relative to other funds.

These are woke priorities whose primary purpose is to push far-left political activism.

But there’s good news.

Republicans AND a few free-thinking Democrats voted to block Biden’s woke ESG rule.

The House and Senate both passed it. I just signed it. And now it goes to the President’s desk.

Unfortunately, he is threatening to use his first veto against it.

I hope he changes his mind and sides with American workers over Wall Street.

If not, it will really show us where his priorities lie.

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