Although he’ll likely veto the bill, Biden is finding life without total Dem control of Congress just be ain’t the same…
The Senate on Wednesday voted to block a Department of Labor rule allowing asset managers to consider environmental, social, and governance (ESG) factors when making investment decisions, setting up a veto showdown with President Joe Biden, who has said he would veto such a motion should it reach his desk.
Democratic Sens. Joe Manchin, W-Va., and John Tester, Mont., joined Republicans in advancing the rule through the upper chamber, The Hill reported. Congressional termination of the rule did not require clearance of a 60-vote filibuster threshold.
The House passed the measure on Tuesday.