Republicans Pass Bill To Stop “Woke Capitalism”
September 30, 2024
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8:43Now PlayingRepublicans Pass Bill To Stop “Woke Capitalism”
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as posted by the channelHouse Republicans voted to have taxpayers pay for an advisory board who would lobby against 'woke' investing. Cenk Uygur, Michael Shure and Jordan Uhl discuss on The Young Turks. Your Support is Crucial to the Show
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"Under the guise of combating “woke” investing, corporate-backed House Republicans last week passed legislation that would establish a taxpayer-funded advisory board within the county’s top Wall Street regulatory agency whose sole purpose is to lobby on pro-business and corporate concerns.
The two bills — which critics say are “straight out of the Project 2025 playbook” and double as a corporate wish list for whoever wins the 2024 presidential election — would also roll back shareholder rights, make it easier for companies to hide financial risks related to climate change and restrict local governments from investing pension funds as they deem necessary. "
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