House GOP Forms Group to Probe, Rein in ESG Investing Proposals

House Financial Services Committee Chairman Patrick McHenry announces a Republican working group to investigate, rein in environmental, social and governance (ESG) investing proposals.

• Michigan Republican Bill Huizenga to lead group, McHenry says in statement
  • Mission of the working group is to oppose SEC climate disclosure rule, hold market participants to account: statement
• NOTE: House Financial Services Committee could call top asset managers, regulators to testify on ESG

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Erik Wasson in Washington at ewasson@bloomberg.net

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