<ul><li>A coalition of 17 Democratic state finance officials sent a letter to the acting heads of the SEC and DOL, combating anti-ESG and anti-DEI claims from Republican colleagues.</li><li>The Democratic officials criticized the use of a federal judge's ruling against American Airlines by the Republican officials as evidence against ESG incorporation.</li><li>Democratic officials emphasized the importance of fiduciaries exercising professional judgment in assessing long-term financial risks.</li><li>The officials warned that banning the use of ESG factors in investment decisions could negatively impact investment performance and increase financial vulnerability for retirees.</li></ul>

Dems ask SEC, DOL to not issue anti-ESG rules

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