Fellow Conservative,

The Biden administration’s Department of Labor (DOL) has implemented a rule that would allow retirement fund managers to consider Environmental, Social, and Governance (ESG) criteria while making investment decisions for American workers 401(k) retirement plans.

ESG policies are a political tool used by the Left to advance their ideology in businesses and financial institutions. ESG policies are a thinly veiled attempt to radically transform corporations into social justice warriors.

This new ESG rule will negatively impact 152 million Americans, who are saving for retirement with 401(k) and other retirement plans.

Biden’s new rule goes beyond “allowing” for ESG investing, it pushes for it to become the standard—ESG funds can now be used as the default option for workers automatically enrolled into their retirement accounts

In response, Heritage Action supports Sen. Mike Braun and Rep. Andy Barr’s disapproval resolution under the Congressional Review Act of the Department of Labor’s new ESG rule (S.J. Res. 8 and H.J. Res. 30) and will include this as a key vote on our legislative scorecard.

>>>Read the full Key Vote >>>HERE<<<

This legislation would repeal Biden’s pro-ESG rule. Passage would set a strong precedent that ESG can and will be opposed. Washington needs to keep their hands off of our retirement accounts. 401(k)’s should not be politicized to push the Left’s ESG agenda.

TAKE ACTION>>> Call your senators and ask them to vote “YES” to stop Biden’s pro-ESG rule.

Janae Stracke
Vice President of Field Operations
Heritage Action for America