Manchin and Tester vote with GOP on ESG measure, set to force first Biden veto

Two Democratic senators voted with the GOP on a measure to roll back a Labor Department rule in what is set to force President Joe Biden’s first use of executive veto power.

With support from centrist Sens. Joe Manchin (D-WV) and Jon Tester (D-MT), the Senate voted 50-46 Wednesday to cancel the rule, which allows retirement plan managers to weigh environmental and social issues when making investments. The White House said Biden will veto the resolution, meaning that the rule won’t likely be scrapped.

The rule is part of a...