WASHINGTON – Today Congressman Byron Donalds (R-FL) announced his assignment to the House Financial Services Committee’s Republican ESG Working Group. The working group will combat the threat to our capital markets posed by those on the far-left pushing environmental, social, and governance (ESG) proposals.

“As the far-left continues their march through our institutions, Republicans must develop a coordinated strategy to fight back against the mob rule mentality of environmental, social and governance (ESG) proposals in the business world. ESG’s are simply the latest ploy of progressives to consolidate power over We The People. What started with the media and our educational institutions cannot become a standard for tens of thousands of businesses across our country. I am proud to be assigned to Rep. Huizenga’s (R-MI) ESG Working Group and I look forward to fighting back against the political intrusion of the far-left into every facet of our lives.”   

“Progressives are trying to do with American businesses what they already did to our public education system—using our institutions to force their far-left ideology on the American people. Their latest tool in these efforts is environmental, social, and governance proposals. This is why I am creating a Republican ESG working group led by Oversight & Investigations Subcommittee Chair Bill Huizenga. This group will develop a comprehensive approach to ESG that protects the financial interests of everyday investors and ensures our capital markets remain the envy of the world. Financial Services Committee Republicans as a whole will continue our work to expand capital formation, hold Biden’s rogue regulators accountable, and support American job creators,” said House Financial Services Committee Chairman McHenry (R-NC).

“Last year, the Supreme Court ruled in West Virginia vs EPA that government bureaucracies cannot arbitrarily expand their own regulatory reach. The SEC’s climate disclosure rule is a prime example of this overreach- that would have a wide-ranging impact on hard working Americans across all walks of life. I look forward to leading our committee’s ESG working group, which will focus on promoting strong, vibrant capital markets, while defending the interests of all retail investors,” said Working Group Leader Bill Huizenga (R-MI). 

ESG Working Group

Bill Huizenga (MI-04), Leader
Ann Wagner (MO-02)
Barry Loudermilk (GA-11)
Bryan Steil (WI-01)
Andrew Garbarino (NY-02)
Byron Donalds (FL-19)
Monica De La Cruz (TX-15)
Erin Houchin (IN-09)
Andy Ogles (TN-05)