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. Robert Menendez
NJ
8 Democrat No
Rep. Hank Johnson
GA
4 Democrat No
Rep. Jamie Raskin
MD
8 Democrat No
Rep. Mark DeSaulnier
CA
10 Democrat No
Rep. Terri Sewell
AL
7 Democrat No
Rep. Gregory W. Meeks
NY
5 Democrat No
Rep. Nydia M. Velázquez
NY
7 Democrat No
Rep. Hakeem Jeffries
NY
8 Democrat No
Rep. Delia Ramirez
IL
3 Democrat No
Rep. Chris Deluzio
PA
17 Democrat No
Rep. Barbara Lee
CA
12 Democrat No
Rep. Bennie Thompson
MS
2 Democrat No
Rep. James E. Clyburn
SC
6 Democrat No
Rep. Lois Frankel
FL
22 Democrat No
Rep. Nikki Budzinski
IL
13 Democrat No
Rep. Marc Veasey
TX
33 Democrat No
Rep. Pramila Jayapal 7 Democrat No
Rep. Mike Quigley
IL
5 Democrat No
Rep. Suzan K. DelBene 1 Democrat No
Rep. Jake Auchincloss
MA
4 Democrat No