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Labor Dept. considers rescinding Biden-era ESG fiduciary rule [Yahoo! Finance]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
The Department of Labor requested that the U.S. Fifth Circuit Court of Appeals suspend legal proceedings in a case where a number of states have sought to overturn a Biden-era rule allowing pension fund managers to consider ESG factors, according to court documents. Now, with federal agencies operating under the Trump administration, the department will consider rescinding the rule, according to a motion for abeyance filed Monday . The motion was filed in an appeal from over two dozen Republican state attorney generals who have opposed the regulation since 2023 The case was brought back before the appeals court after a federal district court judge ruled for the second time that the regulation was permissible under the Employment Retirement Income Security Act of 1974. The rule was challenged in court by 26 Republican state attorneys general , who initially saw their case tossed by Northern Texas District Court Judge Matthew Kacsmaryk in September 2023. Kacsmaryk's initial dismi [Read more]
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Stockreport

Labor Dept. considers rescinding Biden-era ESG fiduciary rule [Yahoo! Finance]

Chevron Corporation  (CVX) 
More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
The Department of Labor requested that the U.S. Fifth Circuit Court of Appeals suspend legal proceedings in a case where a number of states have sought to overturn a Biden-era rule allowing pension fund managers to consider ESG factors, according to court documents. Now, with federal agencies operating under the Trump administration, the department will consider rescinding the rule, according to a motion for abeyance filed Monday . The motion was filed in an appeal from over two dozen Republican state attorney generals who have opposed the regulation since 2023 The case was brought back before the appeals court after a federal district court judge ruled for the second time that the regulation was permissible under the Employment Retirement Income Security Act of 1974. The rule was challenged in court by 26 Republican state attorneys general , who initially saw their case tossed by Northern Texas District Court Judge Matthew Kacsmaryk in September 2023. Kacsmaryk's initial dismi [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS