The hearing concluded that ESG measures are harming the ability of businesses to provide financial returns, leading to negative impacts on retirees and pensions.
The controversy intensified as social media users began sharing more from Kohl’s pride collection, including a “Baby Sonoma Community Pride Bodysuit set” specifically tailored for 3-month, 6-month, and 9-month-old infants.
The company's shares have dropped by 9.21% on the New York Stock Exchange (NYSE) since last month, following controversy regarding their so-called "Pride Month" collection which includes merchandise related to the LGBTQ+ community.
"The implications are impossible to ignore: Beijing hid the truth," Rubio asserted. "This report reinforces the need to hold the Chinese Communist Party accountable.”
Portfolio manager David Bahnsen is to introduce a resolution to the shareholders of JPMorgan Chase, confronting the company for de-banking conservative and religious organizations.
Chairman Comer stated, “ESG principles have become a progressive scheme pushed by radical left-wing groups to pressure large and small businesses to adopt policies that routinely undermine performance.”