Biden’s first veto could affect your 401(k) and America’s fight on climate change

President Joe Biden has pledged to veto another change to the rules that dictate the extent to which pension fund managers, including 401(k) and pension funds, consider climate change. company board diversity and other factors when choosing stocks and funds that many workers will rely on for retirement savings.

This week, the Republican-led House of Representatives voted largely partisan to repeal the Labor Department’s regulation of Environmental, Social, and Governance (ESG) considerations when investing in The employee’s retirement fund is…


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