Source: United States Senator for Arkansas Tom Cotton
FOR IMMEDIATE RELEASE
Contact: Caroline Tabler or James Arnold (202) 224-2353
December 1, 2022
Cotton Introduces Legislation to Overturn Biden ESG Retirement Savings Rule
Washington, D.C. — Senator Tom Cotton (R-Arkansas) introduced legislation today that would overturn the Biden administration’s new rule allowing retirement plans to prioritize ESG factors like climate change and racial justice over maximizing shareholder value. Bill text is here.
“Retirement plans should prioritize investments with the highest return, not ESG scams,” said Sen. Cotton.
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