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☆ Democrats go public with fears of GOP ‘landslide’ that could jeopardize US democracy
  + stars: | 2024-07-10 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +8 min
CNN —President Joe Biden and his advisers keep issuing unequivocal declarations that he’s staying in the 2024 race, but Democrats aren’t hearing it. “Speaker Pelosi fully supports whatever President Biden decides to do,” a spokesperson said in a subsequent statement. “Donald Trump is on track, I think, to win this election, and maybe win it by a landslide, and take with him the Senate and the House,” he told CNN’s Kaitlan Collins. Trump is currently aheadCNN’s Road to 270 assessment of the electoral map shows Trump in position to win the election. “Donald Trump and the Republicans have loved every minute of watching this discussion,” Rep. Debbie Dingell, who represents the battleground state of Michigan, told CNN’s Jessica Dean.
Persons: Joe Biden, “, Nancy Pelosi, ”, Biden, Pelosi, Vermont Sen, Peter Welch, —, Colorado Sen, Michael Bennet, “ Donald Trump, CNN’s Kaitlan Collins, Adam Smith, ” Smith, Trump, CNN’s Wolf, Ritchie Torres —, Biden —, Clooney, George Clooney, cohosted, “ Joe Biden, ” Clooney, He’s, Rob Reiner, Michael Douglas, ABC’s George Stephanopoulos, doesn’t, Lester Holt, ’ Bennet, Sens, Sherrod Brown, Jon Tester, ” Bennet, Donald Trump, CNN’s, Ronald Brownstein, Clarence Thomas, Samuel Alito, Harry Enten, CNN’s Jim Acosta, Hakeem Jeffries, Annie Grayer, Manu Raju, Jeffries, Debbie Dingell, CNN’s Jessica Dean Organizations: CNN, Democratic, Democrat, New York Rep, Congressional Black Caucus, The New York Times, Democrats, Trump, Biden, Hollywood, Democratic National Convention, NATO, NBC, Colorado Democrat, Senate, Republicans, White, House Democratic Caucus, ” Locations: Vermont, Washington, Los Angeles, California, Chicago, Russia, New York City, Georgia , Michigan, Nevada, Michigan
☆ House GOP retirement fund bill takes aim at ESG investing
  + stars: | 2023-06-21 | by ( Emily Wilkins | ) www.cnbc.com   time to read: +3 min
House Republicans are continuing their attempt to pump the brakes on so-called "woke" investing with new legislation that could place limits on financial advisors and retirement funds. Rep. Andy Barr, R-Ky., will introduce a bill Wednesday that would target funds that consider environmental, social and governance issues, known as ESG. Barr's measure would update the Employee Retirement Income Security Act to require retirement funds to focus only on maximizing profits, limiting the ability to invest in ESG options. In addition, advisors would need to disclose the difference in fees and performance between ESG funds and a similar index. Proponents say ESG investing is intended to promote the social good, although critics say it hurts investors.
Persons: Andy Barr, Kevin McCarthy, Bill Huizenga, Barr, fiduciaries, Jared Golden, Joe Manchin, Jon Tester —, Joe Biden, who's, Andy Beshear, Brad Sherman Organizations: Investments, U.S, Capitol, Republicans, CNBC, Biden, — Rep, Sens, Senate, Financial, Republican, Democratic, California Democrat, Financial Services Locations: Ky, ESG, America, Kentucky, California
☆ Biden is set to use his first veto to save what Republicans call a "woke" rule that lets retirement fund managers consider companies' social and environmental records
  + stars: | 2023-03-03 | by ( Jason Lalljee | ) www.businessinsider.com   time to read: +4 min
The Senate voted to overturn a Labor Department measure allowing investment managers to make socially and environmentally conscious investing decisions. "Republicans' hypocritical resolution to nullify @USDOL's ESG rule ties investors' hands & would force their extremist views on investors," she wrote on Twitter following the vote. It's the latest back-and-forth in an ESG debate triggered by former President Donald Trump, who prohibited financial managers from making such considerations when he was in office. However, the White House has said that Biden will use his first veto as president to protect ESG considerations. As CNBC's Brian Schwartz reported this week, Trump allies and wealthy donors have funded Republicans' fight against ESG investing.
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