Washington, D.C. — Florida Congressman Daniel Webster, R-Clermont, released the following statement on his vote to pass H.J.Res 30 to nullify the Biden Administration ESG rule that jeopardizes millions of Americans retirement accounts by politicizing investment decisions.
 
“Today, I voted to nullify President Biden’s Environmental, Social, Governance (ESG) investing rule. The President’s ESG rule jeopardizes millions of Americans retirement accounts by politicizing investment decisions instead of focusing on the investments financial benefits,” said Rep. Webster. 
 
“Biden’s ESG rule removed protections for retirement savers established by the Trump Administration, which ensured that retirement plan fiduciaries make investment decisions and exercise shareholder rights based only on the financial benefits. Pushing a radical political agenda at the expense of Americans retirement accounts is wrong, and I will continue to push back against the Biden Administration and work to protect the retirement savings of workers, retirees, and their families.”