President Biden is coming after your retirement savings Those who have employer-sponsored retirement savings plans or pensions need the companies managing that money to try to make that nest egg grow. That is why the law has long demanded that investment advisors act solely in the interest of the plan's participants and beneficiaries, to maximize the gain on investments that families are counting on for retirement. But the Biden Administration is now giving investment advisors freedom to weaken that commitment and instead put employees’ retirement savings into risky investments that advance the Administration’s radical climate hysteria and “equity” policies, endangering retirement savings to embrace their hard-Left ideology. This week, I voted in favor of H.J. Res 30, which would nullify this dangerous Biden rule that lets retirement savings be used to push a political agenda instead of generating the best possible return. The resolution has now passed both the House and Senate, but President Biden is threatening to veto it. Investment funds that follow these so-called “environmental, social, and governance (ESG) factors” have underperformed versus profit-maximizing funds for years, and ESG products charge higher fees to participants than traditional investment funds, which can significantly reduce participants’ retirement returns over time. I am committed to protecting the retirement savings of workers, retirees, and their families. Advancing a radical political agenda at the expense of retirement savers is irresponsible and immoral. You can let President Biden know where you stand on his threatened veto by calling the White House at 202-456-1414. H.R. 538 - Informing Consumers about Smart Devices Act - YEA Requires manufacturers of internet-connected devices (e.g., smart appliances) that are equipped with a camera or microphone to disclose to consumers that a camera or microphone is part of the device. Does not apply to mobile phones, laptops, or other devices that a consumer would reasonably expect to include a camera or microphone. H.R. 347 - Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Act - YEA Requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary effect of at least $1 billion. The estimate must determine whether the executive order will have no significant impact on inflation, a quantifiable inflationary impact on the consumer price index, or a significant impact on inflation that cannot be quantified at the time the estimate is prepared. Stuttgart Daily Leader Congressman Crawford visits WRID site I met with White River Irrigation District (WRID) board members and area farmers last week at the completed Downs Road canal crossing north of Highway 70 between DeValls Bluff and Hazen. Northwest Indiana Times Congressional Steel Caucus calls for tariffs to be maintained “We continue to support strong trade enforcement that will ensure a vibrant industry, competitive wages, and outstanding quality of life for our industry’s workers. We encourage the Biden Administration to continue to maintain the Section 232 tariffs and quotas, ensure strong trade remedy laws that address unfair trade practices, and protect our environment from high-emission foreign steel production,” the Congressional Steel Caucus said in the letter. Rep. Crawford | 2422 Rayburn House Office Building, Washington, DC 20515 Unsubscribe [email protected] Update Profile | Constant Contact Data Notice Sent by [email protected]