In November, the Department of Labor announced a new rule that would specifically allow investment firms to consider climate change and those other ESG factors when they're selecting retirement investments. 25 states led by the attorneys general of Texas and Utah filed a lawsuit in a federal district court in Texas arguing that this rule undermines key protections for retirement savers. The Biden administration says weighing ESG impact like climate change is part of a sound financial decision-making process.
A new rule put forth by the Biden Administration may affect 401K’s for millions of Americans, Ukrainian officials are asking other countries for more military aid following more deadly attacks from Russia, and the U.S. Surgeon General is sounding the alarm over social media and its effects it's having on children’s brains. Get the facts first on Morning Wire.
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