"The House today passed a bill designed to require that fiduciaries must base investment decisions solely on economic factors while explicitly limiting the consideration of factors such as environmental, social and governance (ESG) criteria, when selecting investments or managing plan assets.... [T]he Protecting Prudent Investment of Retirement Savings Act [HR 2988] seeks to amend [ERISA] to reinforce a pecuniary-only standard for fiduciaries who work with ERISA-covered retirement plans, including 401(k)s and pensions."  MORE >>