Wednesday, March 1, 2023

The Daily Money:GOP war on 'woke' ESG investing; check your Netflix account

Republicans are escalating their war against 'woke' ESG investing. Plus, be sure to check who's logging into your Netflix account. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, March 1

The GOP war on "woke" ESG is intensifying.

In the latest in a series of efforts by Republicans to stop what they call "woke" investment decisions, the GOP-controlled House voted Tuesday to block a Biden administration rule that allows retirement plans to consider environmental, social and corporate governance principles.

The Labor Department rule enacted late last year makes it easier for retirement plans to take into account climate change and other ESG factors when they choose investments. ESG is the acronym for environmental, social and corporate governance principles.

A leader in the anti-ESG movement is Florida Gov. Ron DeSantis, a likely 2024 GOP presidential contender.

"ESG provides a pretext for CEOs to use shareholder assets to target issues like reducing the use of fossil fuels and restricting Second Amendment rights. It is, in effect, a way for the political left to achieve through corporate power what they cannot achieve at the ballot box," DeSantis wrote in his new book, "The Courage to be Free: Florida's Blueprint for American Revival."

Florida Gov. Ron DeSantis waves as he speaks to police officers about protecting law and order at Prive catering hall on February 20, 2023 in the Staten Island borough of New York City. DeSantis, a Republican, is expected by many to announce his candidacy for president in the coming weeks or months.
Florida Gov. Ron DeSantis waves as he speaks to police officers about protecting law and order at Prive catering hall on February 20, 2023 in the Staten Island borough of New York City. DeSantis, a Republican, is expected by many to announce his candidacy for president in the coming weeks or months.
Spencer Platt, Getty Images

Guess who's using your Netflix account? 

If you have ever shared your Netflix password with a roommate, an ex or your dorm, there could be a lot more people logging into your account than you think.

With Netflix preparing to crack down on password sharing, most of us probably can't afford random acquaintances or total strangers freeloading off our Netflix accounts. So Netflix has made it easy to check if anyone is accessing your account who shouldn't.

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🍔 Today's Menu 🍔

KFC Double Down: KFC's Double Down returns this month, the sandwich with no buns, just chicken filets

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

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