"Biden's First Veto Targets Investment Resolutions and MAGA Republicans"

President Biden issued his first veto, rejecting a Republican-led measure that would overturn a regulation allowing retirement-plan managers to consider climate change in their investment decisions. The bill would have overturned a Biden administration regulation on environmental, social and corporate governance guidelines, or ESG. The veto is unlikely to be overridden in the narrowly divided Congress because that would require a two-thirds majority in both chambers.