Birdwatch Archive

Birdwatch Note Rating

2023-03-21 01:37:19 UTC - NOT_HELPFUL

Rated by Participant: E38D7C77167643651076B521F94AFB9DDBED9F3136845F5296E75A08FCC28E6C
Participant Details

Original Note:

The bill would have reverted rule to prioritize "pecuniary" factors for 401k managers and would not forbid consideration of ESG. Prioritizing pecuniary factors would require 401k managers to choose investments expected to maximize returns. https://www.federalregister.gov/d/2020-24515/p-62

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All Information

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