Partisan Debate Over ESG Regulations Sparks Controversy.

1 min read
Source: The Hill
Partisan Debate Over ESG Regulations Sparks Controversy.
Photo: The Hill
TL;DR Summary

Republican congressional committee escalates campaign against sustainable investing, arguing that ESG investing is an insidious attempt to "rewire the fabric of America" and jeopardizes investment returns for retirees and other investors. Democrats argue that without mandatory ESG disclosure, it is impossible for investors to make informed decisions. GOP donors have played a significant role in escalating the anti-ESG push, and Republicans have long argued that ESG concerns represent an attempt by outsiders to use markets to push a liberal political agenda.

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