From: johnny@invalid.net   
      
   By Thomas Catenacci   
   Published January 26, 2023   
      
   A group of 25 states on Thursday filed a federal lawsuit against the   
   Biden administration, arguing a recent rule allowing retirement plan   
   managers to factor environmental and social issues into investment   
   decisions violated the law.   
      
   The lawsuit — led by Utah Attorney General Sean Reyes and joined by 24   
   other states including Louisiana, Texas and Virginia — challenges a   
   Department of Labor (DOL) rule unveiled in November and which is set to   
   go into effect on Jan. 30. The rule would open the door for fiduciaries   
   to factor so-called environment, social and governance (ESG)   
   considerations into Americans' retirement accounts, an action the   
   states argued could significantly harm the financial interests of   
   customers.   
      
   "The Biden administration is promoting its climate change agenda by   
   putting everyday people’s retirement money at risk," Reyes told FOX   
   Business in a statement.   
      
   https://www.foxbusiness.com/politics/25-states-hit-biden-admin-l   
   wsuit-climate-action-targeting-americans-retirement-savings    
      
   --- SoupGate-Win32 v1.05   
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