On May 20, 2021, President Biden signed an Executive Order to address predicted financial instability in the federal government as a result of climate change. This Executive Order showcases a dramatic change in how the Biden...more
6/2/2021
/ Biden Administration ,
Climate Change ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Environmental Social & Governance (ESG) ,
Executive Orders ,
Federal Acquisition Regulations (FAR) ,
Financial Oversight and Management Board (Oversight Board) ,
Greenhouse Gas Emissions ,
Regulatory Agenda
The U.S. Department of Labor (the “DOL”) recently issued a final regulation (the “Final Rule”) under the Employee Retirement Income Security Act of 1974 (“ERISA”) amending the pre-existing “investment duties” regulation under...more
The U.S. Department of Labor (“DOL”) recently issued a proposed regulation (the “Proposed Rule”) under the Employee Retirement Income Security Act of 1974 (“ERISA”) to reinforce its long-standing position that fiduciaries of...more