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theweek.com / 21 March, 2023

The daily business briefing: March 21, 2023

Skip to header Skip to main content Skip to footer President Biden on Monday used his veto power for the first time, blocking a bill that aimed to reverse a rule allowing pension managers to consider environmental, social, and corporate governance (ESG) factors when making investment decisions. Retirement plan fiduciaries should be able to consider any factor that maximizes financial returns for retirees across the country. Thats not controversial — thats common sense, Biden said in his veto message.

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