This week Congress handed Biden a bipartisan (though barely) rebuke of the ESG movement and teed up his first presidential veto — showing just how big of a flashpoint it has become and portending the bigger role it will play in the 2024 elections.
While most of the pushback to ESG has come at the state level, particularly from Republican state treasurers and attorneys general, the latest opposition is at the national level.
Still, the rebuke from congressional Republicans and a few Democrats has pushed the issue to center stage. Riley Moore, an anti-ESG crusader and West Virginia’s state treasurer, said that the legislation and veto set the stage for the debate to play out on the public stage entering the 2024 elections.
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