• Sen. Joe Manchin (D-WV) rebuked President Joe Biden for his veto of a resolution that would have prevented fiduciaries from investing retirement funds in accordance with the environmental, social, and corporate governance movement, also known as ESG.
• The Labor Department recently issued a final rule that reversed a prohibition of retirement investments made with ESG criteria established under the Trump administration.
• Members of the House and Senate approved a resolution earlier this month nixing the final rule, and Biden issued the first veto of his tenure on Monday to block the resolution.

Tagged: Capitol Hill