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President Biden just used his first veto to shoot down a bill that would ban ESG considerations for retirement plans—and set up a bigger fight

Fortune • Mar 20, 2023

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President Joe Biden issued the first veto of his presidency Monday in an early sign of shifting White House relations with the new Congress since Republicans took control in January. He’s seeking to kill a Republican measure that bans the government from considering environmental impacts or potential lawsuits when making investment decisions for Americans’ retirement plans.


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