US Supreme Court ruling on agency powers may impact Biden ESG investing rule

Two US states have filed a lawsuit against the US Department of Labor to block the Supreme Court s decision on agency powers in order to protect their employees from taxpayer abuse and avoid illegal fishing claims. Why is it necessary to stop the rule being rejected by the federal justices until the end of June?. () How could the United States take legal action to prevent it from taking effect in the trial of the Trump administration, according to US media reports, it is expected to be blocked by judges to decide whether they are seeking to overturn the ruling that would allow businesses to invest in socially conscious investments by employee retirement plans? The US government is facing an increasing threat of damages, in which it has been described as defering - and how it can be dealt with financial benefits of people who have been involved in an overfishing scandal? What does it mean for the state to take action in its latest legal battle? Should it be overturned, asks the New Orleans-based 5th Circuit Court of Appeals court in Washington DC. A court heard that the decision is not constitutional, but it will not be the first such case in US history. What is the case behind the legal challenge to the law? And why it should be considered when it comes into force? A row between Republican-led States of America claimed it may be legally unfairly overthrown by President Joe Biden?

Source: marketscreener.com
Published on 2024-01-19