Press Releases

LCV Statement on Slim Senate Passage of CRA Resolution Threatening Retirement Savings

Mar 1, 2023

Washington, D.C. – In response to the slim Senate passage of the Congressional Review Act resolution that would put retirement savings at greater risk, the League of Conservation Voters issued the following statement from Government Affairs Advocate David Shadburn:

“This attack on our retirement savings is a favor for Republicans’ Big Oil donors at the expense of hardworking people. As the popular, affordable clean energy future takes hold, fossil fuels are getting beat in the free market fair and square. Today’s Senate vote is another desperate attempt to prolong reliance on dirty, dangerous, volatile fossil fuels by forcing retirement plan managers to disregard financial risks that don’t match Republicans’ worldview, like those from climate change. This same approach is already causing financial harm in Red states that have tied the hands of asset managers across the country – Republicans block responsible investing at their own peril. We look forward to President Biden’s veto of this harmful Congressional Review Act resolution.”

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