U.S. Senator Joe Manchin (D-WV) slammed President Joe Biden for vetoing the bipartisan Congressional resolution to nullify the Administration’s environmental, social, and corporate governance (ESG) rule which prioritizes politics over getting the best financial returns for millions of Americans’ retirement investments.
Manchin led 50 bipartisan Senators in introducing the resolution to nullify the ESG rule. On March 1, 2023, Senator Manchin voted for the resolution and spoke on the Senate floor on its importance.
After the veto Manchin said: “This Administration continues to prioritize their radical policy agenda over the economic, energy and national security needs of our country, and it is absolutely infuriating.
“West Virginians are under increasing stress as we continue to recover from a once in a generation pandemic, pay the bills amid record inflation, and face the largest land war in Europe since World War II.
“The Administration’s unrelenting campaign to advance a radical social and environmental agenda is only exacerbating these challenges.
“This ESG rule will weaken our energy, national and economic security while jeopardizing the hard-earned retirement savings of 150 million West Virginians and Americans.
“Despite a clear and bipartisan rejection of the rule from Congress, President Biden is choosing to put his Administration’s progressive agenda above the well-being of the American people.”
Biden took a bizarre swipe at Majorie Taylor Greene when he vetoed the bill:
“I just vetoed my first bill.
“This bill would risk your retirement savings by making it illegal to consider risk factors MAGA House Republicans don’t like.
“Your plan manager should be able to protect your hard-earned savings — whether Rep. Marjorie Taylor Greene likes it or not.”
I just vetoed my first bill.
This bill would risk your retirement savings by making it illegal to consider risk factors MAGA House Republicans don’t like.
Your plan manager should be able to protect your hard-earned savings — whether Rep. Marjorie Taylor Greene likes it or not. pic.twitter.com/PxuoJBdEee
— President Biden (@POTUS) March 20, 2023
My statement on @POTUS‘s veto of the bipartisan Congressional resolution to nullify the Administration’s environmental, social, and corporate governance (ESG) rule which prioritizes politics over getting the best financial returns for millions of Americans’ retirement investments pic.twitter.com/wLhjKo19J4
— Senator Joe Manchin (@Sen_JoeManchin) March 20, 2023
