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Biden Admin Clears Way for ESG in 401(k)s

The Labor Department cleared the path for employers to consider environmental, social, and governance principles when choosing investment funds for their 401(k) plans.
The move, which was announced on Tuesday, rolls back restrictions put in place during the Trump administration that made ESG considerations more challenging for employers. The final rule on the matter will take effect in 60 days. 

REPUBLICANS AIM TO TURN ESG INTO 2024 LIABILITY FOR DEMOCRATS
The change is part of a broader push in favor of the ESG movement that has pleased Democrats and earned derision from Republicans.
The previous …

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