IN-DEPTH: Democrats Decry GOP Anti-ESG Hearing as ‘An Attack on Economic Freedom’

IN-DEPTH: Democrats Decry GOP Anti-ESG Hearing as ‘An Attack on Economic Freedom’
A mobile billboard opposing House Oversight Committee Republicans rolls past the U.S. Capitol in Washington on May 10, 2023. Jemal Countess/Getty Images for Congressional Integrity Project
Kevin Stocklin
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The environmental, social, and governance (ESG) movement is impairing Americans’ retirement savings, reducing living standards, and infringing on civil rights, finance and energy experts testified before the House Oversight Committee on June 6, while Democrat members protested that GOP efforts against ESG compliance threaten Americans’ economic freedom.

“As American families continue to struggle under rampant inflation, increased energy costs, and an economy on the verge of recession, a subset of financial elites and their allegiance to ESG investing are making matters worse,” Mandy Gunasekara, director of the Independent Women’s Forum Center for Energy and Conservation, told lawmakers. “While branded as an investment strategy for good, ESG manipulates markets, as well as access to markets, in order to advance a leftist political agenda.”

Kevin Stocklin
Kevin Stocklin
Reporter
Kevin Stocklin is a contributor to The Epoch Times who covers the ESG industry, global governance, and the intersection of politics and business.
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