U.S. Department of Labor

Paxton Takes Next Step in Lawsuit Against Biden Administration Over ESG Investing Rule that Risks the Retirement Savings of Over 150 Million Americans

Attorney General Ken Paxton

To prevent a new U.S. Department of Labor (“DOL”) rule from inflicting substantial financial damage on the American people, Attorney General Paxton took the next step in his previously announced lawsuit against the Biden Administration by filing a motion for preliminary injunction. The DOL rule sacrifices millions of Americans’ retirement plans on the altar of Environmental, Social, and Governance (“ESG”) investing by placing the radical left’s climate and social agenda above sound financial investment principles. Under the rule, certain fund […]