What’s Happening:
Both Republicans and Democrats joined forces to pass a bill that protects your bank accounts. The bill revoked Joe Biden’s intentions on forcing banks to invest in “ESG.” Joe was trying to get your bank to throw money at “woke” companies, instead of investments that were sure to bring a return.
But, big shocker, Joe Biden vetoed the bill, despite it being passed by both parties. He claimed it was a “MAGA Republican” bill, a blatant lie. And now, both parties are fighting back.
From Fox News:
“The people who manage your retirement savings should only have one thing to consider: Your retirement security,” GOP rapid response director Tommy Pigott tweeted. “Once again Biden is prioritizing far-left special interests over the economic well-being of the American people.”
Joe Biden’s first veto as president: letting retirement fund managers prioritize ESG scams over the best-performing investments.
Why is he playing games with working people’s retirement money? https://t.co/KaAex5TMDy
— Tom Cotton (@SenTomCotton) March 20, 2023
Democrat Sen. Joe Manchin joined Republicans to blast Biden’s shocking move.
From Fox News:
“This Administration continues to prioritize their radical policy agenda over the economic, energy and national security needs of our country, and it is absolutely infuriating,” Manchin… wrote in a statement…
“Despite a clear and bipartisan rejection of the rule from Congress, President Biden is choosing to put his Administration’s progressive agenda above the well-being of the American people,” he added.
It’s pretty unbelievable to think Biden is trying to force banks to invest in companies that are sure to fail. But like his predecessor Obama, Biden is abusing his power to bankroll the radical left. He has thrown billions at woke companies. He is forcing schools and colleges to embrace woke ideology.
Now, he is ensuring even the banking system is subjected to the radical whims of the woke mob. Hmm… maybe this has something to do with those banks that just failed? Biden wants your retirement accounts to invest in “woke” companies, not successful companies.
Biden wants to throw all our money, not just tax dollars, at his liberal buddies. How is that legal? And he is vetoing a law designed to check his power.
Hey, Republicans! How about you take this crook to court?
Key Takeaways:
- Biden vetoed a bipartisan bill that would have protected American bank accounts.
- Biden is forcing banks to invest in “woke” companies over successful companies.
- Both Republicans and Democrats blasted Biden’s crooked decision.
