'Biden could end up wielding the first veto of his presidency not on one of the great issues of state, but over a wonky skirmish sparked by the Republican Party’s assault on what its culture warriors brand as 'woke' capitalism,' writes StCollinson
Joe Biden could end up wielding the first veto of his presidency not on one of the great issues of state, but over a wonky skirmish sparked by the Republican Party’s assault on what its culture warriors brand as “woke” capitalism. Congress has sent to his desk a resolution overturning a Labor Department rule that allows managers of retirement funds to consider environmental and other factors when picking investments.
“What’s happened here is the woke and weaponized bureaucracy at the Department of Labor has come out with new regulations on retirement funds, and they want retirement funds to be invested in things that are consistent with their very liberal, left-wing agenda,” Wyoming Sen. John Barrasso said on Tuesday. Senate Republican leader Mitch McConnell of Kentucky accused the administration of wanting to let “Wall Street use workers’ hard-earned savings to pursue left-wing political initiatives.
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