On Monday, Joe Biden issued the first veto of his presidency, rejecting legislation that would thwart a rule allowing retirement portfolio managers to weigh climate change and other environmental, social and governance issues in their investment decisions.
"I just vetoed my first bill. This bill would risk your retirement savings by making it illegal to consider risk factors MAGA House Republicans don't like," Biden said in a tweet on Monday. "Your plan manager should be able to protect your hard-earned savings — whether Representative Marjorie Taylor Greene likes it or not," he added, referring to the Republican lawmaker from Georgia:
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