Republican House Financial Services Committee leaders are establishing a first-of-its-kind task group to coordinate their response to numerous environmental, social, and governance (ESG) movement-related ideas. House Financial Services Committee Chairman Patrick McHenry (R-N.C.), announced the formation of the group on Feb. 3, saying it would be a working group led by Oversight and Investigations Subcommittee…
Republicans Establish Working Group to Push Back Against ESG Movement
February 3, 2023
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Republicans Poised for More Anti-ESG Fights in 2023
January 3, 2023
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Anti-ESGBusiness & Marketseconomic policieseconomyenvironmental social and governance (ESG) policiesESG activistsFlorida Gov. Ron DeSantisPolicies & ImpactsPoliticsTexas gov. Greg AbbottUS
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Republican lawmakers are set to take on the environment, social, and governance (ESG) agenda this year, with multiple states like Florida, Indiana, and Oklahoma targeting the use of such policies for business purposes. The Republican charge against ESG is being led by some of the GOP’s biggest names, including former Vice President Mike Pence, Florida…
Arizona AG Brnovich Warns of Federal Overreach, Big Tech, Loss of Freedoms as he Leaves Office
January 2, 2023
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Arizona Attorney General Mark Brnovich, a conservative, term-limited Republican who leaves office on Jan. 2, reflected on his eight years in office in a wide-ranging end-of-term interview with The Epoch Times. In the interview, Brnovich said conservatives need to use the legal system more aggressively to fight the left while he celebrated victories over the…
ESG Funds Underperforming S&P 500, Streak Expected to Continue Through 2023
December 13, 2022
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Business & Marketseconomic policieseconomyenvironmental social and governance (ESG) policiesesg agendaesg fundsESG investingInvestmentMarketsS&P 500 indexstocksUSUS News
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Several investment funds that adhere to environmental, social, and governance (ESG) policies have performed worse than the S&P 500 index this year, with the underperformance of such funds potentially set to continue through 2023 as well. A Bloomberg analysis of the 10 largest ESG funds by assets reveals that they have all registered double-digit losses….
Texas Issues Subpoena to BlackRock for Pushing ESG Agenda
December 8, 2022
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The Texas legislature has subpoenaed investment firm BlackRock, together with its subsidiaries and affiliate entities in the state, for documents related to the institution’s promotion of environmental, social, and governance (ESG) policies. The subpoena was issued by the Texas Senate Committee on State Affairs last month and asks the sergeant-at-arms for the committee or any…
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