House Passes Rep. Good’s Legislation to Shield Employee Benefits from Woke ESG Agenda

WASHINGTON, D.C. – The House passed H.R. 5339, the Protecting Americans’ Investments from Woke Policies Act, a legislative package including Congressman Bob Good’s (VA-05) No Discrimination in My Benefits Act, by a vote of 217 to 206. Good’s legislation would ensure that fiduciaries of employee benefits plans choose their employees based on historic prudence and loyalty standards and not woke Diversity, Equity, and Inclusion (DEI) policies.

The No Discrimination in My Benefits Act underscores the necessity of selecting service providers on a nondiscriminatory basis, with a primary focus on the financial well-being of employee benefit plans. The bill, which amends the Employee Retirement Income Security Act (ERISA), explicitly states that race, color, sex, or national origin should not be factors in selecting fiduciaries, counsel, employees, or service providers. Learn more about Rep. Good’s legislation here.

“Hard-working Americans want the most competent and knowledgeable person to manage their benefits. They want to know their assets are safe and that they will have a good return on investment,” said Good. “Under the Biden-Harris regulatory agenda, the main priority is not the best interest of the American public, but rather DEI. I believe using someone’s race or sex to determine someone’s eligibility for benefits is wrong. The ESG investing agenda is in direct opposition to American principles, and my bill will protect Americans and their benefits from Washington bureaucrats.”

This is Rep. Good’s fourth bill of the 118th Congress to pass on the House floor.

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