(DailyVantage.com) – President Joe Biden’s woke agenda, which is usually co-signed by the entirety of the Democratic Party, is experiencing a bit of a road bump.
Senator Joe Manchin (D-WV) is set to join Senate Republicans in an effort to derail the President’s new rules which would permit retirement fund fiduciaries to engage in ESG investing.
This would not be the first time Senator Manchin has bucked the Democratic Party establishment. Manchin, of course, was the chief Democrat responsible for obstructing President Biden’s Build Back Better Act, which would have run the country trillions of dollars in expenditures. Manchin, who is usually cited as being the party’s most conservative member, said that his refusal to go along with BBB led to him being “ostracized” by supporters of the bill.
Detractors of Biden’s ESG agenda claim that it is nothing more than a ploy to funnel in “woke capitalism” into the national conversation. Mike Braun, who will be introducing the anti-ESG resolution in the senate, told Fox News Digital that “President Biden is jeopardizing retirement savings for millions of Americans for a political agenda.”
Utah attorney general Sean Reyes has led the charge in combating the President’s climate-based rules changes. Reyes asserted that “the Biden administration is promoting its climate hangs agenda by putting everyday people’s retirement money at risk.”
Unless Manchin could convince some of his more moderate colleagues in the Democrat-controlled Senate to join him in opposing the new Department of Labor Rules, the resolution will effectively be dead in the water. That feat, however, would not be insurmountable. Democratic senators in red (or atleast purple) states have joined forces with the conservative West Virginian in the past.
It is possible that Senators Kyrsten Sinema (D-AZ) and Jon Tester (D-MT) could accompany Manchin in opposing “woke capitalism”.
Manchin told Fox News Digital, “I encourage my colleagues on both sides of the aisle to support this important resolution…”
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