House hearing heats up when Rep. Cori Bush objects to GOP colleague’s use of term ‘woke’ to criticize ESG
The investment strategy known as environmental, social and corporate governance — or ESG — has emerged as a leading culture war issue for Republicans because it considers climate change and social justice politics.
By the hearing’s end, Democratic Rep. Cori Bush of Missouri had apparently heard the term woke one too many times. Mr. Fallon responded to Ms. Bush with sarcasm and by condemning what he described as “incendiary” and “gaslighting” remarks. “It’s not White people hating on Black folks. It’s not that at all,” Mr. Fallon said. “You have to focus on the opportunities that this country provides you.”
Rep. Katie Porter, California Democrat, used the analogy that choosing a new vehicle based on a wide variety of factors is akin to companies disclosing ESG factors so investors can determine if it suits their financial and personal preferences. Such financial firms still hold hundreds of billions of dollars in fossil fuel investments, but the push under ESG to decarbonize the global economy has spurred fierce pushback.
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