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"Biden Issues First Veto, Rejecting Bill To Reverse ESG Rule"

"President Biden on Monday issued his first veto since taking office, rejecting a bill that would have reversed a Labor Department rule on environmental, social and governance (ESG) investing.

“I just vetoed my first bill,” Biden said in a tweet announcing the move.

“This bill would risk your retirement savings by making it illegal to consider risk factors MAGA House Republicans don’t like. Your plan manager should be able to protect your hard-earned savings — whether Rep. Marjorie Taylor Greene likes it or not,” he added, referring to the Republican congresswoman from Georgia."

Brett Samuels reports for The Hill March 20, 2023.

Source: The Hill, 03/21/2023