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Biden Issues First Veto against Lawmakers' Repeal of ESG Rule, House Schedules Override Vote

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WASHINGTON – President Joe Biden issued his first veto Monday after the House repealed the Labor Department's ESG or "Environmental, Social, and Corporate Governance" rule.
It's the latest political acronym to get Washington, D.C.'s full attention. Conservatives have made the investment strategy a target, creating a rallying cry against what they call "woke capitalism." The House leadership will bring up a vote to override the veto.
"152 million investors through 401k plans. $11.7 trillion. That is a lot of money," Sen. Mike Braun (R-IN) told reporters in a recent news conference. "That is the accumulation of a lot of hard work and the only criterion should be what gives you the best math, the best return on investment."
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It's the latest political acronym to get Washington, D.C.'s full attention. Conservatives have made the investment strategy a target, creating a rallying cry against what they call "woke capitalism." The House leadership will bring up a vote to override the veto.
"152 million investors through 401k plans. $11.7 trillion. That is a lot of money," Sen. Mike Braun (R-IN) told reporters in a recent news conference. "That is the accumulation of a lot of hard work and the only criterion should be what gives you the best math, the best return on investment."
Read the full story from CBN's Jenna Browder:
SUBSCRIBE to the CBN News Channel for more:
CBN features 24-hour TV news from a Christian perspective. The CBN News Channel provides independent news programming to an underserved audience to enlighten, entertain and inspire Christians around the world. Comments below do not necessarily reflect the views of CBN.
Share this live feed with your friends and family:
Questions about supporting CBN?
Questions about Helping the Home Front? Call: 800-700-7000
#breakingnews #politicalnews #christiannews #christian #christianity #church #breakingnews #cbnnews
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