Tester Statement on Opposition to Biden Administration’s ESG Retirement Rule

U.S. Senator Jon Tester today released the following statement on his vote for the Congressional Review Act to overturn the Biden Administration’s rule on consideration of environmental, social, and governance (ESG) when investing certain retirement accounts:

“At a time when working families are dealing with higher costs, from health care to housing, we need to be focused on ensuring Montanans’ retirement savings are on the strongest footing possible. I’m opposing this Biden Administration rule because I believe it undermines retirement accounts for working Montanans and is wrong for my state.”