GOP leaders target ‘woke’ investments through state pension funds

The New York Stock Exchange Building’s Broad Street entrance (right) as seen from Wall Street. Credit: Wikipedia

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Republicans in state capitals across the country are targeting an investing concept known as environmental, social and corporate governance criteria, or ESG for short.

Describing these investment criteria as “woke” and “misguided activism”” GOP officials argue that by taking these factors into account when making investment choices, financial institutions are putting ideology ahead of making money. Experts on this investment criteria say that it’s the other way around, and that Republicans are losing money for their constituents by unnecessarily narrowing the options

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