April 28, 2025
The Fifth Circuit on Monday granted the U.S. Department of Labor's request to stay an appeal from Republican-led states in a suit challenging the agency's rule that allows retirement fiduciaries to consider issues like climate change and social justice when choosing investments, but limited the pause to 30 days.
February 22, 2023
A new lawsuit alleges that a recent rule implemented by the U.S. Department of Labor secretary exceeds his authority by encouraging retirement plan overseers to consider environmental, social and governance factors when choosing investments.