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Biden uses first veto on bill blocking ESG investing for retirement funds
Pres. Biden rejected legislation that would have blocked the new DOL rule allowing retirement portfolio managers to weigh climate change and other environmental issues in their investment decisions,
DOL’s ESG investing rule challenge alive, despite Biden veto
From an attempt to override the veto to a legal challenge by Republican state attorneys general in 25 states, the political issues surrounding Labor’s ESG rule will continue to swirl for the foreseeable future.
Could remote work be part of the blame for Silicon Valley Bank’s collapse?
SVB warned of “negative effects of a prolonged work-from-home arrangement” in its annual report, but other banks like Bank of America continue to be profitable while embracing remote work.
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