(TargetLiberty.org) – Sen. Joe Manchin (D-W.Va.) criticized President Biden’s decision on Monday to veto a bill that would have nullified a Labor Department rule on environmental, social, and governance (ESG) investing.
Manchin was one of the Senate Democrats to side with Republicans on the vote that would overturn the rule on March 1. In a statement following Biden’s veto, he said that the decision was “absolutely infuriating” and that the administration was placing its “radical” and “progressive agenda” before the needs of the U.S.
Manchin, who is facing reelection next year stated that the administration was choosing its “radical policy agenda over the economic, energy and national security” of the nation. He added that West Virginians are facing more stress as they try to recover from the pandemic while also paying bills that are much higher because of the record inflation rates and the war in Europe. He continued to state that these problems are worsened by the administration’s decision to “advance a radical social and environmental agenda.” He proceeded to say that the ESG rule would threaten the “energy, national and economic security” of the country while also potentially harming the retirement savings of millions of Americans.
He added that despite the fact that the new rule had faced bipartisan rejection in Congress, the administration still allowed the rule to move forward jeopardizing in this way the “well-being of the American people.”
Sen. Jon Tester (Mont.) was the only other Democrat to vote against the rule along with the Republicans.
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