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In response to the Department of Labor’s November final rule permitting the consideration of environmental, social and governance factors in retirement plans, Republican lawmakers issued a joint resolution calling on DOL to nullify the rule, reports Plansponsor. Introduced by Rep. Andy Barr, R-Kentucky, and Sen. Mike Braun, R-Indiana, the joint resolution must be passed in both houses and signed by the president to take effect.
1. U.S. employers brace for steepest health insurance cost hike in a decade
2. Centene Corp. to lay off 2,000 amid Medicaid and Medicare pressures
3. Judge upholds Biden rule on ESG considerations in retirement plans
4. Cigna faces second lawsuit over alleged automated claims denials
5. Health plans face spiking costs from diabetes and weight-loss drugs
6. Kaiser union announces large-scale strike dates after contract talks stall