Congressional rejection of DOL ESG rule casts pall over measure
The regulation is safe thanks to a pending veto of the resolution approved by the House and Senate, but the vote adds some political uncertainty for plan advisors.
Congressional rejection of the Department of Labor ESG rule for retirement accounts won’t kill the rule but it could introduce new uncertainty for plan advisors.
On Thursday, the Senate approved a resolution, 50-46, to rescind the regulation. All the chamber’s Republicans voted in favor of th
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