CONSUMERSBULLETIN
A PUBLICATION OF CONSUMERS’ RESEARCH SINCE 1931
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The Latest from Consumers’ Research
This veto by Joe Biden goes directly against the interests of the American people and once again creates an illegitimate loophole for companies like @BlackRock, @StateStreet and @Vanguard_Group to exploit to put politics over profits with American pension dollars. https://twitter.com/ConsumersFirst/status/1637863589435326465
BREAKING: Joe Biden has officially used his first veto to defend ESG investing — striking down bipartisan legislation to protect the retirement accounts of American workers from ESG activism.
🚨 REPORT: New polling shows that a vast majority of Americans oppose diversity quotas, pushed by ESG activists (like @BlackRock):
EXCLUSIVE: Vast Majority Of Americans Oppose Corporate Diversity Quotas, Poll Shows
The majority of Americans believe U.S. companies should hire executives based on merit, character and quality, according to a CRC Advisors poll.
dailycaller.com
"Did ESG help sink SVB?"
@KimStrassel makes the case that the Biden Admin incentivizing pursuit of ESG agenda items caused companies to put woke politics before wise business practices, which, in-turn, contributed to the collapse Silicon Valley Bank:
Opinion | Did ESG Help Sink SVB?
One entrepreneur says the bank was offering ‘basically subprime business loans.’
www.wsj.com
ICYMI: "Anti-woke campaign targets Biden ahead of veto to save his ESG rule for 401(k)s..."
Anti-woke campaign targets Biden ahead of veto to save his ESG rule fo
A prominent conservative group that is combating "woke capitalism" rolled out a mobile billboard Tuesday as part of ...
www.washingtontimes.com
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FEATURED VIDEO
RESEARCH ROADMAP: HOW THE CFPB’S TASKFORCE ON FEDERAL CONSUMER FINANCIAL LAW WILL BENEFIT CONSUMERS
The Consumer Financial Protection Bureau (CFPB) recently published a comprehensive report from the Taskforce on Federal Consumer Financial Law that examined ways to harmonize and modernize federal consumer financial laws.
The report focused on the consumer credit regulations and their implementation , as well as gaps in knowledge that should be addressed through research. The comprehensive report could be a step in the right direction to depoliticize and reform the agency in a way that will best address consumers’ financial problems.
Consumers’ Research Senior Research Fellow, Professor Tom Miller, Jr., and chairman of the CFPB’s Taskforce, Professor Todd J. Zywicki, joined Brian Knight, Director of Innovation and Governance and a Senior Research Fellow at the Mercatus Center, to discuss the report and the future of consumer finance law at our latest event.
