Treasury Department bars ESG funds from Trump Accounts, citing 'political activism' concerns
Fox Business·2026-08-20 22:31
The rules restricting ESG funds from being included in Trump Accounts come alongside other rules ensuring that investment options in the accounts have low fees to ensure investors keep more of their money. "Corporate America has rejected ESG ideology, and we will not allow it to be a part of Trump Accounts," Treasury Secretary Scott Bessent told FOX Business in a statement. "These accounts exist to build financial security for America's children, not to advance political activism or ideological agendas," Be ...