Capito Votes To Overturn Biden Rule Politicizing Americans' 401Ks, Challenge Passes Senate
March 02, 2023
March 02, 2023
WASHINGTON, March 2 -- Sen. Shelley Moore Capito, R-West Virginia, issued the following news release on March 1, 2023:
U.S. Senator Shelley Moore Capito (R-W.Va.) voted in favor of a Congressional Review Act of Disapproval -- led by U.S. Senator Mike Braun (R-Ind.)--regarding the Biden administration's Department of Labor rule allowing retirement plan fiduciaries to consider environmental, social, governance (ESG) factors in their investment actions. This disapproval resolution . . .
U.S. Senator Shelley Moore Capito (R-W.Va.) voted in favor of a Congressional Review Act of Disapproval -- led by U.S. Senator Mike Braun (R-Ind.)--regarding the Biden administration's Department of Labor rule allowing retirement plan fiduciaries to consider environmental, social, governance (ESG) factors in their investment actions. This disapproval resolution . . .