WASHINGTON, July 9 -- Sen. Eric Schmitt issued the following press release:
Today, U.S. Senator Eric Schmitt (R-MO) wrote to the Department of Labor (DOL) requesting that the Employee Benefits Security Administration (EBSA) initiate an investigation into whether the American Federation of Teachers (AFT) coordinated with any Employee Retirement Income Security Act(ERISA)-covered plans, fiduciaries, investment managers, or proxy-voting to use plan assets or shareholder rights for political or ideological environmental, social, and governance (ESG)-based objectives.
"AFT operates through affiliated state and local unions that form constituent parts of the AFT national organization structure. AFT and its affiliates' membership includes not o...