The IRS has been reported to have spent $35.2 million since 2006 on guns, ammunition, and military-style equipment, with $10 million expended since 2020 alone.
The hearing concluded that ESG measures are harming the ability of businesses to provide financial returns, leading to negative impacts on retirees and pensions.
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.”