Forwarded from Midnight Rider Channel 🇺🇸 (Karli Bonne)
The move which was announced on Tuesday reverses a rule imposed by Trump in 2020 that forced employers to prioritize profit when making 401(k) investments.
The new rule introduced by US Department of Labor will allow retirement plan investors to focus on ESG investing - which considers the environmental and social impacts of investments.
Biden to allow employers to consider green investments in 401ks
,https://mol.im/a/11459803
The new rule introduced by US Department of Labor will allow retirement plan investors to focus on ESG investing - which considers the environmental and social impacts of investments.
Biden to allow employers to consider green investments in 401ks
,https://mol.im/a/11459803
Mail Online
Biden OVERTURNS Trump rule and tells 401k investors to prioritize green investments over profit - despite plans already losing…
The Biden administration will allow employers to invest pension money in green industries that could provide lower returns for Americans.