Congressional Review Act resolution to block the Department of Labor rule relating to “Prudence and Loyalty in Selecting Plan Investments..."

Feb. 28, 2023 | H.J. Res. 30

This resolution would have overturned a Department of Labor (DOL) rule that permits private sector  retirement plan trustees to consider environmental, social and governance (ESG) factors when selecting retirement investments. The DOL rule is consistent with trustees’ fiduciary duties because prudent investment requires the consideration of all relevant information which includes ESG factors. 

This is Bad for working people.

Vote result: Passed

YEAs: 216
NAYs: 204

Legislator State District Party Sort descending Vote
Rep. Diana DeGette
CO
1 Democrat No
Rep. Ritchie Torres
NY
15 Democrat No
Rep. Seth Magaziner
RI
2 Democrat No
Rep. Ilhan Omar
MN
5 Democrat No
Rep. David Cicilline
RI
1 Democrat No
Rep. Adam Smith 9 Democrat No
Rep. Andy Kim
NJ
3 Democrat No
Rep. Frederica Wilson
FL
24 Democrat No
Rep. Brendan Boyle
PA
2 Democrat No
Rep. Gwen Moore
WI
4 Democrat No
Rep. Deborah Ross
NC
2 Democrat No
Rep. Madeleine Dean
PA
4 Democrat No
Rep. John Garamendi
CA
8 Democrat No
Rep. Pete Aguilar
CA
33 Democrat No
Rep. Norma Torres
CA
35 Democrat No
Rep. Judy Chu
CA
28 Democrat No
Rep. Jamaal Bowman
NY
16 Democrat No
Rep. Ruben Gallego
AZ
3 Democrat No
Rep. Paul Tonko
NY
20 Democrat No
Rep. Stephen F. Lynch
MA
8 Democrat No