Industry News: ESG

Trump Administration Moves at ‘Warp Speed’ to Hurt ESG Investing

Written by ESG | 26-Oct-2020 4:28:56 PM

2020-10-21

Bloomberg: Despite widespread objections from the money management industry, President Donald Trump, through the U.S. 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. [Full article available to Bloomberg subscribers.]

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