Giulio Bonasera What’s Up? (Feb. 26-March 4) Republicans Block Investing Rule Senate Republicans, joined by two Democrats, voted on Wednesday to approve a resolution — already passed by the House — to block a Labor Department rule that would allow retirement plan managers to incorporate environmental, social and corporate governance considerations into their investment decisions. This practice, known as E.S.G., was a widely accepted norm in financial circles for almost 20 years until it recently became a target for conservatives and others who argued E.S.G. investing was hurting businesses and little more than a trend they termed “woke capitalism.” The rule from the Labor Department had been intended to overturn a Trump-era policy that limited investing options to purely financial matters. The Biden administration argued that it was necessary to allow retirement advisers to factor in issues like climate change, which has economic consequences. President Biden is expected to use the first veto of his presidency to override the anti-E.S.G. measure. Justices Weigh Student Loan Cancellation The Supreme Court heard arguments last week in a case that would decide the fate of some 26 million student loan borrowers who applied to have their debts canceled under President Biden’s forgiveness […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
