{"database": "press", "table": "releases", "rows": [["https://murphy.house.gov/media/press-releases/murphy-calls-out-woke-esg-ruling-congress-cannot-allow-president-bidens", "Murphy Calls Out \u2018Woke\u2019 ESG Ruling: \u201cCongress cannot allow President Biden\u2019s liberal agenda to derail retirement savings\u201d", "2022-12-01", "2022", "2022-12", "Republican", "House", "NC", "Gregory F. Murphy", "M001210", "murphy.house.gov", "murphy", "https://murphy.house.gov/media/press-releases", "scraper", "Washington, D.C. \u2013 Today, Rep. Greg Murphy, M.D. (NC-03) released the following statement in response to the U.S. Department of Labor\u2019s (DOL) misguided final rule, which would allow retirement plan managers to prioritize so-called environmental, social, governance (ESG) plan investments over their long-standing duty to protect the financial interests of workers and retirees:\n\n\u201cThis final rule proves once again that the Biden administration prioritizes political virtue signaling over safeguarding investment options for retirement savings,\u201d said Rep. Murphy. \u201cThis politically motivated final rule is more evidence that we need legislation that includes an enforcement action under Title II of ERISA to protect hardworking Americans.\u201d\n\n\u201cEmployers and advisors have a fiduciary responsibility to maximize returns for American workers and families,\u201d Rep. Murphy continued. \u201cCongress cannot allow President Biden\u2019s liberal agenda to derail investment returns for seniors and savers. It\u2019s no wonder the Biden Administration buried this announcement during the Thanksgiving holiday.\u201d\n\nBackground:\n\nThe Biden administration\u2019s final rule rolls back a Trump-era amendment to ERISA which previously banned employers and advisors from considering any factors other than financial performance considerations when evaluating assets for a retirement portfolio.\n\nIn October 2022, Rep. Murphy introduced the Safeguarding Investment Options for Retirement Act to prevent \u2018woke\u2019 ESG factors from dictating investment returns. The legislation would impose strict enforcement measures to ensure the administration\u2019s ESG priorities do not hinder Americans\u2019 retirement savings.", 1, "2026-03-30T01:40:41Z", "2026-04-08T03:32:05Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://murphy.house.gov/media/press-releases/murphy-calls-out-woke-esg-ruling-congress-cannot-allow-president-bidens"], "units": {}, "query_ms": 1.5063169412314892, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}