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DeSantis led the way and now Federal Judge’s Landmark Ruling on 401(k) ESG Investments Could Signal the End of Corporate Wokeness
The best news today was yesterday’s article in Reuters, headlined “American Airlines’ focus on ESG in 401(k) plan is illegal, US judge rules.” The potential ramifications are so much bigger than the simple headline suggests. Employers who manage their employees’ retirement accounts have a fiduciary duty to do their best to invest the money wisely.…