Should managers of retirement plans be allowed to consider climate change and other environmental, social and governance issues when making investments? Well, an anti-ESG bill just passed the Senate (with a pair of Democrat votes) and is headed for President Biden’s desk (and likely, his veto pen). This is yet another culture war lightning rod that promises to plague the 2024 election.

+ All the bluster aside, it turns out that ESG investing has proven to be not only popular, but profitable. It’s better to be woke than broke.