Exclusive — Sen. Eric Schmitt, Senate Republicans Demand Answers on ESG for Government Contractors Rule
Sen. Eric Schmitt and Senate Republicans demanded answers about a proposed Biden administration ESG rule for government contractors.
![Eric Schmitt](https://media.breitbart.com/media/2024/04/Eric-Schmitt-420x315.jpeg)
Sen. Eric Schmitt and Senate Republicans demanded answers about a proposed Biden administration ESG rule for government contractors.
Texas on Tuesday said it is divesting $8.5 billion from asset manager behemoth BlackRock over the company’s anti-fossil fuel policies.
The UK Guardian noted on Monday that China has become the “world’s biggest debt collector” thanks to the massive loans poor nations took out from Chinese banks to finance Belt and Road Initiative (BRI) infrastructure projects.
Paul Fitzpatrick, the president of the 1792 Exchange, explained in an op-ed on Wednesday that Wall Street asset managers are using state pension funds to advance “racial equity audits,” green energy schemes and other leftist goals.
More Environment, Social, and Governance (ESG) investing funds have closed in 2023 than the last years combined amid political backlash and investor scrutiny.
Chinese state media touted ESG, which closely mirrors Communist dictator Xi Jinping’s concept of “socialism with Chinese characteristics.”
A watchdog has demanded that UK banks reveal the number of accounts closed over politics in the wake of the Nigel Farage debanking scandal.
S&P Global removed Environment, Social, and Governance (ESG) factors from its scoring of corporate debt as the financial industry has increasingly soured on the controversial investing scheme.
Big investors increasingly see Environment, Social, and Governance (ESG) investing as an underperforming fad.
Coca-Cola-owned Costa Coffee is facing a boycott over a cartoon of a transgender person with surgically removed breasts drinking coffee.
Norfolk Southern, the powerful rail company that spurred a toxic chemical disaster in East Palestine, Ohio this year, has set its sights on advancing a far-left agenda by promoting the Environment, Social, and Governance (ESG) movement and imposing Diversity, Equity, and Inclusion (DEI) policies.
Nigel Farage had his bank account shut over his ties to Donald Trump and for views that Coutts bank felt did “not align with our values”.
An ESG loophole led investors to pile billions of dollars into Saudi Aramco, the world’s largest oil company, whose chief executive has criticized ESG investing.
On Monday’s edition of the NPR Politics Podcast, NPR Climate Desk Correspondent Michael Copley stated that companies investment firms like BlackRock aren’t changing their behavior around ESG investing due to anti-ESG pushes, they’re just being “a lot less eager to
Paul Fitzpatrick, president of the 1792 Exchange, said on Breitbart News Daily that the left has exploited “stakeholder capitalism” to advance their agenda by using corporations.
On Monday’s broadcast of MSNBC’s “Ana Cabrera Reports,” Special Presidential Envoy for Climate John Kerry stated that green transition investment has been undercut by the fact that money managers “have a fiduciary responsibility, an obligation to the people they manage it
A parents organisation was reportedly prevented from opening an account with Metro Bank over opposition to child transgender procedures.
Wednesday, during an appearance on Fox Business Network’s “The Claman Connection,” BlackRock CEO Larry Fink griped about how the term “ESG,” which stands for environmental, social, and corporate governance, had been “weaponized.”
Multiple media reports say corporate executives — including Starbucks — are reducing their chatter and advocacy on “green and social initiatives” amid the public self-destruction of the Target and Bud Light brands by their reckless executives.
“This is the worst woke story I’ve seen,” Fox Business host Larry Kudlow said about Bank of America’s use of environmental, social, and governance (ESG) metrics against its own customers.
You may have just seen a controversy on social media about Chick-fil-A. Is that incident just a one-time slip-up or part of a larger pattern?
Advocacy group Consumers’ Research launched its “Bank of UnAmerican” campaign targeting the nation’s second-largest banking institution, Bank of America, over its use of environmental, social, and governance (ESG) strategies.
Sen. J.D. Vance said that BlackRock should be “dealt with accordingly” for engaging in “illegal and immoral conduct.”
Kohl’s is facing online boycott calls for selling “Pride” onesies for babies as young as three months old, the New York Post reported Monday.
Rep. Ken Buck (R-CO) introduced legislation on Wednesday aimed at preventing taxpayer dollars in the Thrift Saving Funds (TSP) from being invested to advance left-wing agenda ideas such as environment, social, and governance (ESG), and Diversity, Equity, and Inclusion (DEI).
Over 20 state financial officers sent a joint letter late Monday night to 20 asset management firms and two proxy advisers, looking for answers on their approach to shareholder proposals.
Oklahoma State Treasurer Todd Russ (R) announced on Wednesday that the Sooner State is blacklisting 13 financial institutions deemed to be boycotting the energy industry within the state.
Most voters are unfamiliar with the left-wing investment ideology environmental, social, and governance (ESG), according to a recent Harvard/Harris poll.
The National Association of Attorneys General (NAAG), an organization that appears to be a “nonpartisan national forum” for state attorneys general, doubles down on using taxpayer funds to invest in companies that promote left-wing ESG goals.
Bank of America says political backlash and a looming recession likely pushed investors out of ESG equity funds.
Bud Light’s left-wing executives have sparked a broad consumer rejection of their Bud Light beer by hiring Dylan Mulvaney, a salesman who pretends to be a giddy “transgender” girl, several biz executives told media outlets.
West Virginia Attorney General Patrick Morrisey told Breitbart News in an interview on Tuesday, shortly after his gubernatorial campaign announcement, that he is running to protect the Mountain State’s jobs and become “America’s energy governor.”
The Biden administration was forced to offer up 2,600 square miles of federal oil and gas leases in the Gulf of Mexico this week, following a deal made by Sen. Joe Manchin (D-WV) in exchange for his support of the left’s climate legislation last summer.
West Virginia Gov. Jim Justice (R) signed a landmark anti-ESG proxy voting reform bill into law that will protect state-managed pension funds and other investments against activist money managers.
Silicon Valley Bank should have concentrated on safeguarding their depositors’ money and making sound investments, but failed bank was too narrowly focused on pushing a progressive agenda.
It’s clear that SVB was focused on solving the wrong ones, placing far too much emphasis on diversity between the sheets rather than in its portfolio.
Neither Biden nor Newsom would say directly that they support ESG policies. That is a sign of how toxic those “woke” policies have become.
Sen. Joe Manchin (D-WV) slammed President Joe Biden for vetoing a bipartisan anti-ESG bill and prioritizing a “radical policy agenda” over getting the “best financial returns for millions of Americans’ retirement investments.”
President Joe Biden issued his first veto on Monday, rejecting a bipartisan bill that would have reversed his Labor Department rule allowing left-wing environmental, social, and governance (ESG) rules to be considered in retirement investing.
House Majority Leader Steve Scalise (R-LA) told Breitbart News in an exclusive interview on Thursday that the Environment, Social, and Governance (ESG) investing movement harms the working class the most.