Senate Republicans warn U.S. law firms over ESG advice

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U.S. Republican lawmakers issued a warning to corporate law firms this week, opening a new front in a campaign against companies forming a new consensus on major issues such as climate change.

dated Thursday to 51 large U.S. and global law firms, U.S. Senate Republicans Tom Cotton, Mike Lee, Chuck Grassley, Marsha Blackburn and Marco Rubio said they plan to use their congressional oversight powers "to scrutinize the institutionalized antitrust violations being committed in the name of ESG," referring to environmental, social and governance issues.

"To the extent that your firm continues to advise clients regarding participation in ESG initiatives, both you and those clients should take care to preserve relevant documents in anticipation of those investigations," the letters said. Representatives for several of the firms--including Kirkland & Ellis; Latham & Watkins; Morgan, Lewis & Bockius; Paul Hastings; Paul, Weiss, Rifkind, Wharton & Garrison; Skadden, Arps, Slate, Meagher & Flom; and Winston & Strawn--did not immediately respond to requests for comment.

There has been no major climate-related litigation on antitrust grounds so far, but some regulators and officials, such as Mark Brnovich, the attorney general of Arizona, have said they are exploring it.

 

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Sorry, retired copy editor here... I think the concept you're trying to convey here is 'Extortion', not 'warn'. So something like 'threaten', 'shakedown', 'hold hostage' or 'blackmail' might fit better.

Do not go gentle into that good night. Deny reality. Chug a bottle of whiskey, put the pedal to the metal and slam into the wall everyone has warned you about that you dont think exists at 120 mph. Great plan!

ESG is communist and must be eradicated.

Senate republicans can go pound sand.

LOCK THEM UP TOO!

From September?

A cabal of corporations, conspiring together to push financial and political goals, and stifle competition, is not the free market. And US companies should not be undermining the nations productive assets by adhering to a foreign initiative. Blocking ESG helps the free market.

Who do they think owns stocks? Just GOP members?

Authoritarianism. Republicans refuse to win on ideas so now they use government to crush opinions they disagree with.

Republicans like their oil money. They won’t be able to spend it without clean air and clean water. VoteBlueIn2022

Remind as liberals just called white women voters ares cockroaches are black women liberals cockroaches as well🤔

want to bet this chomps them in the ass?

Ah, the we're going to sue you, so you better pollute more or else! strategy.

Hey GOP and little marcorubio why do you guys hate the free market so much

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