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 Sort descending District Party Vote
Rep. Eli Crane
AZ
2 Republican Yes
Rep. Linda T. Sánchez
CA
38 Democrat No
Rep. Nancy Pelosi
CA
11 Democrat No
Rep. Grace F. Napolitano
CA
31 Democrat No
Rep. John Garamendi
CA
8 Democrat No
Rep. John Duarte
CA
13 Republican Yes
Rep. Doris Matsui
CA
7 Democrat No
Rep. Doug LaMalfa
CA
1 Republican Yes
Rep. Juan Vargas
CA
52 Democrat No
Rep. Kevin Mullin
CA
15 Democrat No
Rep. Jimmy Panetta
CA
19 Democrat No
Rep. Josh Harder
CA
9 Democrat No
Rep. Julia Brownley
CA
26 Democrat No
Rep. Raul Ruiz
CA
25 Democrat No
Rep. David Valadao
CA
22 Republican Yes
Rep. Mark DeSaulnier
CA
10 Democrat No
Rep. Pete Aguilar
CA
33 Democrat No
Rep. Judy Chu
CA
28 Democrat No
Rep. Norma Torres
CA
35 Democrat No
Rep. Young Kim
CA
40 Republican Yes