Political Quotes

“Mr. Speaker, I also point out that this bill is opposed by over 40 organizations and investor advocates. I include in the Record the letter these groups signed indicating their opposition to H.R. 4790. September 17, 2024. Re Opposition to anti-ESG bills that threaten workers' retirement security and our financial system, and weaken tools of corporate accountability. Hon. Mike Johnson, House of Representatives, Washington, DC. Hon. Hakeem Jeffries, Minority Leader, House of Representatives, Washington, DC. Dear Speaker Johnson and Minority Leader Jeffries: Americans for Financial Reform (AFR) and the 39 undersigned organizations write in opposition to Prioritizing Economic Growth Over Woke Policies Act (H.R. 4790) and the Protecting Americans' Investments from Woke Policies Act (H.R. 5339), which are packages of several bills that are part of a broader, unpopular campaign against common sense investment practices. This campaign seeks to both force financial actors to ignore a slew of financial risks to the detriment of workers' retirement security and the integrity of our financial system, and weaken tools of corporate accountability. The bills at issue were marked up by the House Financial Services Committee (HFSC) and the House Committee on Education and the Workforce. If passed, they would represent a giveaway to corporations at the expense of workers, investors, and the public.…”