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Indiana House Passes Anti-ESG Pension Fund Bill

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The Indiana House passed a bill that would prevent the investment of state pension funds in Environment, Social, and Governance portfolios, and require the investments are made for financial benefit of the employees.
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Some States Are Combating ESG Policies

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By Samantha Aschieris The governors of Utah, Kentucky, West Virginia, and Arkansas have so far in 2023 signed legislation into law aimed at combating environmental,...

BlackRock, Vanguard Seem to be Pumping the Brakes on ESG

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By Rupert Darwall After Vanguard withdrew from the Net Zero Asset Managers (NZAM) initiative, other investment managers seem to be pumping the brakes on ESG...
ESG

Utah Attorney General Blasts ESG Policies in the Wake of Silicon Valley Bank Collapse

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The attorneys general also expressed concern about the Biden administration’s political motivations to give SVB a bailout (The Center Square) - Utah Attorney General Sean...
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Gov. Abbott Denounces Biden’s ESG policies that Hurt Texas Oil and Natural Gas Industry

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Abbott challenged the president on the same day a coalition of 18 governors announced their plan to oppose Biden ESG policies (The Center Square) –...
ESG Delayed retirement

SVB, ESG, and Biden’s ERISA Rule

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The collapse of Silicon Valley Bank (SVB) occurred just days after Congress passed the Braun-Barr resolution, which overturns the Biden administration’s “Prudence and Loyalty” rule and its encouragement of environmental, social, and governance (ESG) investing by pension managers under the Employee Retirement Income Security Act (ERISA). The timing could hardly be more instructive.
Joe Manchin

Manchin Says ESG is a Threat to the Entire U.S. Economy

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By Harold Hutchison Democratic Sen. Joe Manchin of West Virginia said Wednesday that so-called Environmental, Social and Governance (ESG) investing and climate regulations from the...
ESG

ESG As an Artifact of Zero Interest Rate Policies

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Nowhere are these effects more evident than in shareholder land, where the fourth-quarter 2022 S&P 500 earnings season is just about over Founding myths tend...
ESG

Research & Commentary: Anti-ESG Bill in Nebraska Will Ensure Cornhusker State Pension Funds Invested...

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Nebraska is considering legislation to combat environmental, social and governance scoring systems and ensure state pension funds are invested solely to achieve the maximum return on investment for pensioners, rather than advancing social or political causes that may likely lead to lower returns.
ESG

Research & Commentary: Anti-ESG Bill in Indiana Will Ensure Hoosier State Pension Funds Invested...

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Indiana is considering a law to combat environmental, social and governance scoring systems and ensure state pension funds are invested solely to achieve the maximum return on investment, rather than advancing social or political causes that may likely lead to lower returns.

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This Bill Would Give the Treasury Nearly Unlimited Power to Destroy Nonprofits – Commentary

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A bipartisan bill would give the secretary of the treasury unilateral power to classify any charity as a terrorist-supporting organization, automatically stripping away its...

Republican AGs Accuse Education Department of Partisan Vote Harvesting for Democrats

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Nearly 20 Republican state attorneys general have called on the U.S. Department of Education to rescind guidance telling administrators they can use federal funds...

Climate Change Weekly #504: Climate Solutions Cause Environmental Damage and Hazards

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The air and water quality in China is another daily reminder of the perils of communism for human well-being and the environment.