Nets Ignore Biden’s First Veto Of Bill Blocking ESG Investments In Pensions

On Monday, President Biden issued the first veto of his presidency when he killed a bipartisan bill to prevent pension fund managers from making investment decisions based on the left’s woke social and environmental justice agenda, also known as ESG.

To help cover up this embarrassing blunder by Biden rejecting a bill supporting sound investment practices, the big three evening newscasts (ABC’s World News Tonight, CBS Evening News, and NBC Nightly News) completely ignored the story. [emphasis, links added]

Instead, the networks wasted air time on an alarmist report from the United Nations declaring we have limited time to solve “climate change” before the Earth becomes unlivable (ABC & NBC), and a recall of a specific brand of Gerber baby food (CBS).

Back in reality, Fox News Channel’s Special Report covered Biden doubling down on his party’s out-of-touch woke agenda by vetoing the GOP[-sponsored] bill to end ESG investing.

Senior congressional correspondent Chad Pergram had the report for Fox News. “Republicans dared the President to veto the bill scrapping a provision asking investors to consider ESG for retirement funds. It’s short for environmental, social, and governance,” Pergram noted.

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

Pergram explained that Biden “vetoed the bill because it put retirement savings at risk,” and that “Republicans say investing is not about a policy agenda.”

Ending with bad news for sane, rational Americans who simply want to invest and save for their retirements without the anti-American woke agenda being shoved down their throats, Pergram explained: “the rule covers 150 million Americans. The veto will stand. It’s about the math. The House alone is 64 votes shy of an override.”

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