Rep. Rick W. Allen Introduces the RETIRE Act
September 07, 2023
September 07, 2023
WASHINGTON, Sept. 7 -- Rep. Rick Allen, R-Georgia, issued the following statement on Sept. 6, 2023:
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Yesterday, Congressman Rick W. Allen (GA-12) introduced H.R. 5339, the Roll back ESG To Increase Retirement Earnings (RETIRE) Act. This critical legislation would require Employee Retirement Income Security Act (ERISA) retirement plan sponsors to prioritize financial returns over environmental, social, and governance, or ESG, factors when making investment decisions . . .
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Yesterday, Congressman Rick W. Allen (GA-12) introduced H.R. 5339, the Roll back ESG To Increase Retirement Earnings (RETIRE) Act. This critical legislation would require Employee Retirement Income Security Act (ERISA) retirement plan sponsors to prioritize financial returns over environmental, social, and governance, or ESG, factors when making investment decisions . . .