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Panel advances bill restricting ESG considerations in retirement plans
5070972 · June 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
H.R. 29,88 would narrow ERISA fiduciaries' consideration of ESG factors and set notice and recordkeeping rules regarding brokerage windows and proxy voting.
Representative Rick Allen introduced H.R. 29,88 to restrict the use of environmental, social and governance (ESG) factors by ERISA fiduciaries and to impose additional notice and record‑keeping requirements for brokerage windows and proxy voting. He described the…
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