Congressional proponents of environmental, social and governance investing have formed the Congressional Sustainable Investment Caucus. Rep. Juan Vargas, D-Calif., and Rep. Sean Casten, D-Ill., will lead the group.
"Given the significant growth of assets under management in funds that prioritize ESG factors, Congress has a duty to craft policies that provide investor protections and transparency of information to market participants," Casten said. "I'm excited to partner with Rep. Vargas to bring together members of Congress and experts to progress past the distortion of facts and have robust, open-minded discussions about sustainable investing."
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