{"id":1904084,"date":"2023-03-23T21:57:16","date_gmt":"2023-03-24T01:57:16","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-fails-to-override-biden-veto-of-esg-legislation\/"},"modified":"2023-03-23T21:58:16","modified_gmt":"2023-03-24T01:58:16","slug":"house-fails-to-override-biden-veto-of-esg-legislation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-fails-to-override-biden-veto-of-esg-legislation\/","title":{"rendered":"House fails to override Biden veto of ESG legislation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fhouse-fails-to-override-biden-veto-of-esg-legislation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1904084&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_79587158\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\"><meta itemprop=\"name\" content=\"Trump indictment won't happen this week as grand jury considers different case: Report\"><meta itemprop=\"description\" content=\"The grand jury deliberating whether former President Donald Trump will be indicted on charges related to a 2016 hush money payment made to porn star Stormy Daniels will not meet to discuss the case this week. The Manhattan grand jury is meeting Thursday but will discuss a different case, leaving the Trump indictment decision until next week, per ABC News.\"><meta itemprop=\"duration\" content=\"PT1M31S\"><meta itemprop=\"uploadDate\" content=\"2023-03-23 15:53:42\"><meta itemprop=\"thumbnailURL\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/snapshot\/1268084_th_641c770cced34_1679587084.jpg\"><meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1268084.mp4\"><\/div>\n<p><script type=\"text\/javascript\"> var _bp = _bp||[]; _bp.push({ \"div\": \"Brid_79587158\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1268084\"} }); <\/script><script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<\/div>\n<p><span class=\"ArticlePage-articleBody-firstLetter\">T<\/span>he House failed to override President Joe Biden\u2019s <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/biden-signs-first-veto-esg\">veto<\/a> of a congressional measure to cancel <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/faith-freedom-self-reliance\/congressional-rebuke-and-looming-biden-veto-cement-esg-as-major-political-conflict\">a controversial<\/a> Labor Department rule. <\/p>\n<p>A national reject must be overridden by a two-thirds majority in the House and Senate. However, the action brings the subject of economic, social, and management, or <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/esg\">ESG<\/a>, back into the spotlight.<\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/courage-strength-optimism\/manchin-blasts-biden-over-esg-rule-veto\">BIDEN IS BLASTED BY MANCHIN OVER ESG RULE VETO<\/a><\/b><\/p>\n<p>A quality to repeal the Labor Department policy, which permits pension system managers to consider ESG when making opportunities, was thwarted by Biden&#8217;s veto.<\/p>\n<p>The policy, which is a part of an overall ESG push, enables fiduciaries to consider SSG factors when making investment choices for retirement accounts, but it does not mandate that they do so.<\/p>\n<p>Sens., a pacifist, supported the Senate&#8217;s decision to revoke the policy, which was approved 50 to 46. Jon Tester and Joe Manchin( D &#8211; MT ) respectively. Jared Golden ( D &#8211; ME ) was the only Democratic defector in the lower chamber as the House voted 216 to 204 to pass the rollback.<\/p>\n<p>Republicans&#8217; anti-ESG sentiment has been rising, but especially among those in energy-producing state who worry that the ESG initiative might&#8221; blacklist&#8221; fossil gas companies. Manchin and Tester, who represent West Virginia and Montana, both heavily rely on fuel.<\/p>\n<p>Biden was hit again by Manchin after he signed the filibuster.<\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/\">READ MORE FROM THE WASHINGTON EXAMINER BY CLICKING HERE<\/a><\/b><\/p>\n<p>The government ESG agenda, according to Manchin,&#8221; prioritizes politics over obtaining the best financial earnings for millions of Americans&#8217; retirement investments.&#8221;<\/p>\n<p>President Biden is choosing to throw his Administration&#8217;s liberal plan above the well-being of the American people, despite the fact that Congress has categorically and vehemently rejected the act, the president said in a statement.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The House failed to override President Joe Biden\u2019s veto of a congressional measure to cancel a controversial Labor Department rule. A two-thirds majority is required in the House and Senate to override a presidential veto. Still, the move brings the topic of environmental, social, and governance, or ESG, back to the fore. MANCHIN BLASTS BIDEN<\/p>\n","protected":false},"author":1,"featured_media":1904085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[3620,7003,8126,3653,4762,22106,14351],"class_list":["post-1904084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-biden","tag-esg","tag-fails","tag-house","tag-legislation","tag-override","tag-veto"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1904084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1904084"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1904084\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1904085"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1904084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1904084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1904084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}