“ESG cartels”: Anti-woke Republicans are weaponizing antitrust law

Always spoiling for new ways to kneecap their formidable foe, ESG investing, a group of congressional Republicans this week widened their attack. The GOP-controlled House Judiciary Committee has subpoenaed documents from a prolific pro-climate investor advocacy group, As You Sow. The advocacy group posted a long, threatening letter it received on Wednesday from committee chair Jim Jordan. In it, he says advisory firms that push climate-conscious investing are part of an “ESG cartel” that’s working to advance a secret liberal political agenda, possibly in violation of antitrust laws. Read More →