Home Politics Nets Ignore Biden’s 1st Veto Killing GOP Invoice to Finish Woke ESG Funds

Nets Ignore Biden’s 1st Veto Killing GOP Invoice to Finish Woke ESG Funds

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On Monday, President Biden issued the primary veto of his presidency when he killed a bipartisan invoice to forestall pension fund managers from making funding selections primarily based on the left’s woke social and environmental justice agenda, also referred to as ESGs. To assist cowl up this embarrassing blunder by Biden rejecting a invoice supporting sound funding practices, the massive three night newscasts (ABC’s World Information Tonight, CBS Night Information, and NBC Nightly Information) utterly ignored the story. 

As a substitute, the networks wasted air time on an alarmist report from the United Nations declaring we’ve got restricted time to resolve “local weather change” earlier than the earth turns into unlivable (ABC & NBC), and a recall of a particular model of Gerber child meals (CBS). 

Again in actuality, Fox Information Channel’s Particular Report coated Biden doubling down on his get together’s out-of-touch woke agenda by vetoing the GOP invoice to finish ESG investing. 

 

 

Senior congressional correspondent Chad Pergram had the report for Fox Information. “Republicans dared the President to veto the invoice scrapping a provision asking traders to think about ESG for retirement funds. It’s brief for environmental, social, and governance,” Pergram famous. 

Underscoring the bipartisan nature of the anti-ESG invoice, Pergram reported that “[West Virginia Democrat Senator] Joe Manchin lambasted President Biden. Manchin accused the administration of pushing a quote a radical coverage agenda.” 

Pergram defined that Biden “vetoed the invoice as a result of it put retirement financial savings in danger,” and that “Republicans say investing just isn’t a few coverage agenda.” 

Ending with dangerous information for sane, rational Individuals who merely need to make investments and save for his or her retirements with out the anti-American woke agenda being shoved down their throats, Pergram defined: “the rule covers 150 million Individuals. The veto will stand. It is in regards to the math. The Home alone is 64 votes shy of an override.”

This bias by omission from the three networks was made attainable by Liberty Mutual on ABC, Pink Lobster on CBS, and ADT Safety Programs on NBC. Their info is linked. 

The transcript of the March 20 Particular Report section is under. Click on “develop” to learn: 

FNC’s Particular Report
3/20/2023
6:09:37 p.m. Japanese 

BRET BAIER: Breaking tonight, additionally, President Biden points his first veto rejecting a Republican proposal signed on by a few Democrats stopping pension fund managers from basing funding selections on social justice and environmental points. So-called ESG. Senior congressional correspondent Chad Pergram has particulars tonight from capitol hill. Good night, Chad. 

CHAD PERGRAM: Good night, Bret. Republicans dared the President to veto the invoice scrapping a provision asking traders to think about ESG for retirement funds. It’s brief for environmental, social, and governance. 

REP. SCOTT PERRY (R-PA): The truth that he’s doubling down on it, when clearly it is failing, simply reveals you that his priorities are utterly misaligned with what’s necessary to the American folks. 

PERGRAM: Joe Manchin lambasted President Biden. Manchin accused the administration of pushing a quote a radical coverage agenda. 

SEN. JOE MANCHIN (D-WV): ESG’s by itself simply, , may kill our financial system, may kill our entire financial system so far as in America principally if the whole lot goes to be decided simply on that. It ought to be thought-about however it must also be geopolitical dangers that we’re taking by not doing sure issues. 

PERGRAM: Manchin and Jon Tester had been the one Democrats to vote with the GOP to finish the ESG rule. Each face robust re-elections subsequent yr. Democrats say Republicans overstated the ESG case. 

SEN. RON WYDEN (D-OR): What’s necessary right here is that that is no mandate. That is voluntary. And I feel it’s a useful gizmo. 

PERGRAM: The President vetoed the invoice as a result of it put retirement financial savings in danger. Republicans say investing just isn’t a few coverage agenda. 

REP. DUSTY JOHNSON (R-SD): We have to return to the previous guidelines that had been in place for many years. The foundations that mentioned fund managers when managing pension funds ought to be targeted on making folks earn cash for retirement. 

PERGRAM: The rule covers 150 million Individuals. The veto will stand. It is in regards to the math. The Home alone is 64 votes shy of an override. Bret?  

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