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ESG Retirement Investing Moves to White House Review


Committee Implicated:

Natural Resources Agriculture and Environment, Economic Development and Workforce Services


ESG Final rule, which permits social and environmental considerations in retirement plan investments, has been submitted to the White House's regulatory office for review.

Federalism Implications

Department of Labor final rule on "socially conscious" retirement investing could be released before the end of the year. The proposed rule is titled, "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights."

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