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Americas

Republican ERISA Reform Bills Stand “No Chance”

Anti-ESG legislators’ interpretation of US DOL rule “inconsistent” with its historical guidance.

Proposed Republican legislation seeing to reinstate the Trump administration’s ‘pecuniary/non-pecuniary’ rules related to the incorporation of ESG factors in pension fund investments and proxy voting will not pass the Senate, experts told ESG Investor.  Earlier this month, the House Committee on Education and Workforce introduced four bills - HR5337, HR5338,…

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