Republicans' Anti-Esg Agenda

Floor Speech

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Ms. HOULAHAN. Mr. Speaker, what happened to the Republican Party that once stood for free market capitalism, for for-profit businesses to be allowed to run their companies as they wanted, to be able to have people not be fettered by people like us here in Congress? Seriously, what happened to them?

I rise in opposition to my Republican colleagues and their efforts to strip Americans of their freedom to build, invest in, and do what is right for them, themselves, and their businesses. These bills that these Republican Members are passing and advancing this week will take away these rights from these businesses, investors, and consumers alike.

What does this mean? It means businesses can't account for record storms that impact their bottom line, retirees' hard-earned savings will suffer under limited investment options, or company policies that elevate women and minorities will be ignored.

Simply put, Republicans are trying to cancel freedoms that have been studied and proven to increase profits long term. It is absurd, and dare I say, it is pretty weird.

As co-chair of the Stakeholder Capitalism Caucus and a proud Pennsylvanian business leader, I urge my colleagues to reject this anticapitalist agenda.

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