Gov. Cox blasts Biden’s veto, calling it an attempt to bypass Congress

Utah Gov. Spencer Cox on Tuesday called President Joe Biden’s recent veto of a bill targeting environmental, social and governance (ESG) factors in investments “deeply disappointing,” and a “backdoor” way for the White House to bypass Congress. It’s the latest public criticism from Cox regarding ESG factors being considered by investors. Utah recently became one of nearly 20 states opposing Biden’s use of ESG in federal retirement funds. “It affects regular people. Blue collar workers who are planning for their retirement will not have as much money because the fiduciaries...