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Elected officials, shareholders, and the American people are uniting against the undemocratic “Environmental, Social and Governance” (ESG) investment framework the elite left has weaponized against them. Federal legislation has been introduced that would require investment advisers to prioritize financial returns over non-pecuniary interests. State treasurers are challenging the financial institutions that discriminate against vital industries in their states. Customers are pushing back on “Woke Corporations.” Shareholders are engaging CEOs directly to ask why investment firms are pouring billions of American pension dollars into China’s economy and propping up communist leaders. And thousands of Americans are taking to the arcane process of submitting comments in opposition to the SEC’s Climate Disclosure Rule—the latest attempt by the Biden administration to compel corporate America to advance an agenda they could never pass with the support of the American people.
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Published in: General