In a Joint Policy Statement, 19 Republican governors committed to preventing the "proliferation of ESG throughout America," which they said is a "direct threat to the American economy, individual economic freedom, and our way of life."
President Donald J. Trump signed a joint resolution nullifying a Department of Labor rule that created a "safe harbor" from ERISA regulations for local government-run retirement plans.
Commentary by Steven Lofchie
The White House endorsed Congressional resolutions of disapproval that would nullify two Department of Labor rules related to savings arrangements.
Senate Finance Committee Chair Orrin Hatch introduced two resolutions that would nullify two DOL regulations intended to help states create ERISA-compliant payroll deduction IRA plans.