Biden has made his money and will make more with this scam!!!
By Peter Adam ~
President Biden is doubling down on efforts to compel (“nudge” is the preferred euphemism) investors to put their hard-earned dollars into schemes that supposedly promote often misguided — but highly politicized — environmental, social and governance (ESG) priorities.
On Monday, March 20, he vetoed – his first such action – a bill, which would have reinstated a Trump-era ban on federal managers of retirement plans from considering factors such as climate change, social impacts or pending lawsuits when making investment choices.
As things now stand, a decades-old rule requiring these fiduciaries to maximize returns has been reversed. A congressional override of his veto isn’t in the cards. It would take a two-thirds Senate-House vote to do so, of course, and sufficient support just isn’t there.
Though applauded by the left, the President’s veto is not widely hailed; far from it. The original bill in question enjoyed…
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