Sustainable Investment Caucus Statement on FSC Markup of Anti-ESG Bills
Washington, D.C. — Today, U.S. Congressmen Sean Casten (IL-06) and Juan Vargas (CA-52), co-chairs of the Congressional Sustainable Investment Caucus, released the following statement regarding the Financial Services Committee markup of anti-ESG legislation:
“After a month of Financial Services Committee hearings focused on attacking the free market, we reached the culmination of Republican’s anti-ESG month by considering legislation dedicated to restricting the free flow of capital, preventing American investors from freely investing their hard-earned savings, and limiting the rights of shareholders.
“House Republicans have made it overwhelmingly clear that they intend to use their majority to dictate what you can and cannot invest in with your hard-earned money. The legislation under consideration today opposes consumer choice and stands in staunch opposition to capitalism and the retirement savings of hard-working families.
“We urge our Republican colleagues to come to their senses and stop overreaching into U.S. capital markets.”
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