Two leading Republican lawmakers on the Senate’s banking and government oversight committees are warning that a commitment to environmental, social and governance investing by two giant asset managers could be diminishing the retirement savings of federal employees. Sens. Patrick Toomey, ...

The nation’s largest retirement program — the federal government’s Thrift Savings Plan — will begin offering ESG funds in the summer of 2022 through a new mutual fund “window” similar to a brokerage option. As reported by Barron’s, the fund ...

After reviewing literature and conducting interviews with stakeholders knowledgeable about climate change and financial markets, the Government Accountability Office has found that federal employees saving for retirement in the government’s Thrift Savings Plan could be exposed to financial risks from ...