ASA Commends House Judiciary Hearing on ESG Collusion

WASHINGTON – The American Securities Association (ASA) today commended the House Judiciary Committee and Chairman Jim Jordan (R-OH) for holding a hearing on "Climate Control: Decarbonization Collusion in Environmental, Social, and Governance (ESG) Investing.”

“The financial interests of America’s retail investors and retirement savers should always come before partisan politics and the profits of the ESG Industrial Complex,” said ASA President and CEO Chris Iacovella. “Examining whether any anticompetitive practices flow from this agenda is necessary to maintain the public’s trust and confidence in our financial markets.”

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American Securities Association, based in Washington, DC, represents the retail and institutional capital markets interests of regional financial services firms who provide Main Street businesses with access to capital and advise hardworking Americans how to create and preserve wealth. ASA’s mission is to promote trust and confidence among investors, facilitate capital formation, and support efficient and competitively balanced capital markets. This mission advances financial independence, stimulates job creation, and increases prosperity. The ASA has a geographically diverse membership of almost one hundred members that spans the Heartland, Southwest, Southeast, Atlantic, and Pacific Northwest regions of the United States.