The platform includes a nod to Barr’s Ensuring Sound Guidance (ESG) Act, which requires that the financial interests of hardworking Americans be put ahead of politics.
Washington, D.C.— Today, U.S. Congressman Andy Barr (KY-06) pledged to champion the House Republican Commitment to America (CTA) ahead of the 118th Congress. The House Republican CTA promises to deliver:
• An Economy That’s Strong
• A Nation That’s Safe
• A Future That’s Built on Freedom
• A Government That’s Accountable
“It’s not enough to oppose D.C. Democrats’ disastrous one-party reign that created the worst inflation crisis in 40 years, chaos at the border, and crime in our streets. Republicans need to put forward a vision for our country that every American can unite behind. That is what this Commitment to America is about,” said Congressman Barr. “I want to commend Leader McCarthy for crafting CTA, which includes an important promise to combat the politicization of access to capital that helped send energy costs soaring and the environmental, social, governance (ESG) investing scheme which sacrifices financial returns for retail investors –such as pensioners and retirees– so that financial firms can pursue a political agenda.”
“Andy Barr is a fighter and a proven leader for Central and Eastern Kentuckians in Congress. He is working tirelessly as a leader on the Financial Services Committee to ensure corporations are putting the people they serve over politics. Andy will help our Conference tackle the inflation crisis and stop the deadly flow of fentanyl coming into our communities by supporting policies that will secure our border,” said House Republican Leader Kevin McCarthy (CA-23).
CTA is modeled after the Contract with America created by former U.S. Speaker of the House Newt Gingrich in 1994. Under the “A Future That’s Built on Freedom” pillar of CTA, House Republicans promise to “stop companies from putting politics ahead of people.” Congressman Barr’s Ensuring Sound Guidance (ESG) Act would require investment advisors and ERISA retirement plan sponsors to prioritize financial returns over non-monetary factors when making investment decisions on behalf of their clients.
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