VEA Vice Chair Nell Minow writes on the Harvard Law School Forum on Corporate Governance and Financial Regulation about the Labor Department’s review of ERISA fiduciaries and ESG under the Executive Order issued last month by President Trump. She wrote: ERISA, the 1974 law that governs pension funds, recognizes that the third parties who manage…
Tag: ERISA
White House energy infrastructure order calls for ERISA, proxy voting review – Pensions & Investments
It will be very hard for DOL to make the case that raising ESG concerns is anything but a returns-based fiduciary calculation, but it is still extremely disappointing to see the level of corruption reach so deeply into the government. President Donald Trump ordered the Department of Labor to see whether retirement plans engaging with…
