Labor Department moves at ‘warp speed’ on ESG rule
The proposed rule, which would make it more difficult for retirement plans to invest in ESG, was submitted to the White House last week
Despite widespread objections from the money management industry, President Donald Trump, through the Department of Labor led by Eugene Scalia, is speeding ahead with a proposal to make it more difficult for fiduciaries of retirement plans to direct money to ESG-focused funds.
The Employee Benef
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