Biden Administration’s Climate Agenda Will Damage Two-Thirds of US Retirement Accounts: Kobach

The Biden administration’s new Department of Labor (DOL) rule allowing 401(k) managers to invest in Environmental Social Governance (ESG) funds will harm two-thirds of America’s retirement accounts, according to Kansas Attorney General Kris Kobach in an interview that aired on Newsmakers by NTD and The Epoch Times on Feb. 1.
Kobach said that the Jan. 30 change was being done “in the name of this left-wing partisan agenda.”
He said, “There should be no partisan agenda when it comes to investing our funds. It should be done based purely on financial return without any regard to whether it helps left-wing causes or right-wing causes.”…}