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-8.64677907479906E-05 -8.64677907479906E-05 0 0 -0.00034587116299184 -0.000430609597924814 -0.000432338953739707 -0.000434068309554724
Stock impact report

Republican states take drastic measure in latest salvo against ESG movement [FOX Business Network]

Vanguard Short-Term Treasury ETF (VGSH) 
FIRST ON FOX: A coalition of 13 Republican attorneys general filed a rare motion Monday, asking a top federal energy regulator to prevent a financial institution from purchasing shares of publicly listed utility companies. The state officials, led by Utah Attorney General Sean Reyes, asked the Federal Energy Regulatory Commission (FERC), to hold a hearing examining whether Vanguard Group should be given blanket authorization to purchase large quantities of public utility stocks due to its support for environmental, social and governance (ESG) investing . ESG standards broadly promote investments in green energy over fossil fuels. As it and other major financial institutions do every three years, in February, Vanguard asked FERC for the green light to own more than $10 million worth of public utility shares. Under the Federal Power Act, FERC is required to periodically review and approve or deny such applications. "The Commission granted the 2019 Authorization based on assurance Show less Read more
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