President Biden made his first presidential veto last week, denying a GOP-sponsored bill. Republican lawmakers sought to cement Trump-era changes to how retirement funds can be invested. The Employee Retirement Income Security Act (ERISA) of 1974 was introduced to keep fund managers accountable, requiring that maximizing financial returns be the main criteria for investments. The ERISA ruling covers retirement plans, health plans, and welfare benefit plans as well as
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My first veto
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President Biden made his first presidential veto last week, denying a GOP-sponsored bill. Republican lawmakers sought to cement Trump-era changes to how retirement funds can be invested. The Employee Retirement Income Security Act (ERISA) of 1974 was introduced to keep fund managers accountable, requiring that maximizing financial returns be the main criteria for investments. The ERISA ruling covers retirement plans, health plans, and welfare benefit plans as well as