What Glenn MUST Hear from 2024 Presidential Candidates | Guest: Sean Reyes | 2/1/23
Feb 1, 2023
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Utah Attorney General Sean Reyes discusses a lawsuit against Biden Administration for ESG retirement funds. Glenn and Stu compare Trump's COVID response to DeSantis. Analysis on FBI raid at Biden's house and DOJ's motives. Mention of Republications primaring, Ukraine conflict, and potential 2024 candidates.
Republican voters desire limited military engagements and decreased spending on Ukraine conflict.
Trump's stance on Ukraine funding may influence other candidates to adopt anti-interventionist positions.
Escalating costs and long-term commitments in Ukraine conflict raise concerns about financial sustainability.
States' lawsuit challenges Biden administration's push for ESG-focused retirement funds, risking trillions in private retirement funds.
Deep dives
Trump's Potential Approach on Ukraine Differentiating Himself in Primaries
Donald Trump is positioning himself against prolonged funding of the war in Ukraine, potentially moving the rest of the candidates in the field to align with his stance, reflecting the weariness among Republican voters towards prolonged military engagements. This shift could significantly impact the primary race as Trump's strong stance may change Republican voters' perspectives on Ukraine funding.
Base's Fatigue with Prolonged Military Engagements
Republican voters are increasingly exhausted with extended military involvements, wary of potential escalation into ground conflicts and escalating warfare costs. The weariness among the base signals a desire for limited military engagements and a turn away from acting as the world's policeman, important determining factors in the upcoming primary elections.
Trump's Criticism on Continuing Ukraine Conflict
Trump's criticism of continuing Ukraine involvement challenges the traditional hawkish stance of some GOP candidates set to enter the primaries. By opposing sustained funding for the conflict, Trump may pave the way for other candidates to adopt a similar anti-interventionist position to align with the base's growing aversion to prolonged military engagements.
Costs and Consequences of Prolonged Conflict in Ukraine
The extensive funding for the Ukraine conflict could escalate into trillions of dollars, encompassing post-war rebuilding efforts and long-term financial commitments. The potential financial burden on the US, coupled with the strategic implications of the conflict, underscore the need to assess the sustainability and consequences of continued involvement in Ukraine.
Legal Challenge Against Biden Administration's ESG Climate Investment Rule
Twenty-five states, led by Attorney General Sean Reyes from Utah, have filed a lawsuit against the Biden administration's ESG rule, aiming to force retirement funds into environmental, social, and governance (ESG) style funds, risking over $12 trillion in private retirement funds. This move challenges the administration's attempt to divert asset managers from their fiduciary duties and prioritize ESG activism over financial returns.
Pushback on ESG Funds Impacting Insurance Industry and Proxy Voting
Beyond the ESG environmental focus, Attorney General Sean Reyes highlights the threats posed by ESG in the social (S) and governance (G) aspects as well. By pushing back against impermissible risks in the insurance industry, such as considering race in assessing risk, and promoting proxy voting that deviates from fiduciary responsibilities, the states are working to safeguard individuals and businesses from ESG's harmful impacts.
Concerns Over Unconstitutional Changes in Gun Regulations
In a separate issue, the recent enforcement of new regulations regarding pistol braces has raised concerns over Second Amendment rights. Any dual with these firearms, which were previously legal, faces the risk of becoming felons within 120 days unless they apply for a tax stamp. Legal actions are underway to challenge these changes and protect citizens' rights in the face of arbitrary and capricious regulatory measures.
Speaker of the House Kevin McCarthy is visiting the White House to discuss some spending cuts, as Stu compares our spending crisis to alcoholism. Stu lays out who he believes voters should primary in 2024. Pat Gray joins Stu to discuss Ukraine and where the conflict stands as America's expensive support continues. Glenn and Stu compare and contrast President Trump's COVID-19 response to Florida Governor Ron DeSantis's. Chief Writer & Researcher Jason Buttrill discusses the FBI's raid on President Biden's house as he and Glenn ponder: Is the DOJ going after Biden because they have no other choice, or is this all part of a plan? Utah Attorney General Sean Reyes joins to discuss his 25-state lawsuit against the Biden Administration for allowing ESG standards to factor into retirement accounts.
