When Rep. Jim Banks (R-IN) introduced legislation to protect Americans' savings from being mismanaged or wielded to push leftist causes, the Big Three networks ignored it in their nightly programming two nights in a row.
Banks introduced the “Providing Complete Information To Retirement Investors Act” on Sept. 6, designed to create some guard rails to protect investors from unknowingly enabling Environmental, Social, and Governance (ESG) investing. He introduced his bill the same day as three other bills designed to rein in ESG by GOP Reps. Bob Good (VA), Erin Houchin (IN) and Rick Allen (GA).
ABC’s World News Tonight, the CBS Evening News and NBC Nightly News entirely failed to mention that four members of Congress had moved to tackle an issue of enormous consequence to investors, American energy and the future of our society on the evenings of September 6 and September 7.
Instead, CBS found time to discuss a chicken dinner meal being recalled and a Spanish soccer controversy, both clearly more interesting to Americans than ensuring that radicals do not lose or abuse Americans’ hard-earned, invested savings. Similarly, NBC and ABC covered new COVID-19 boosters, while ABC even covered the return of the Rolling Stones on Sept. 6.
The three networks also ignored the news in their evening programming on Sept. 7. NBC, ABC and CBS had no time to discuss whether unwitting investors will continue to fund radical environmentalism, diversity, equity, and inclusion (DEI) initiatives, and left-wing pressure campaigns. ABC was kept busy reporting that gymnast Simon Biles would return to the Olympics, that singer Bruce Springsteen had postponed concerts and that shortly after First Lady Jill Biden tested positive for COVID-19 she had received a negative test. Riveting stuff, guys.
All three networks covered former Trump adviser Peter Navarro’s contempt of Congress verdict with an ABC reporter even referring to Navarro “spreading lies about the election.” Notably, many anchors at legacy media outlets, including NBC, panned contempt of Congress charges against former Attorney General Eric Holder in 2012.
Flashback: In 2012, Congress held Obama AG Eric Holder in contempt for failing to comply with a subpoena. The media dismissed it as “political theater,” and no prosecution followed.— Bill D'Agostino (@Banned_Bill) September 8, 2023
Remember this as they gleefully applaud Peter Navarro's conviction for the exact same thing pic.twitter.com/vDEZ7Hd5Jr
Rather than cover the problems with ESG and how Congress members are trying to address it, CBS chose to beat a dead horse and devoted over two and a half minutes to Rep. George Santos (R-NY).
Since ABC, NBC and CBS were too busy with more important stories, CNSNews.com Blog Editor Craig Bannister broke down the legislation in an article. Rep. Allen’s “Roll back ESG To Increase Retirement Earnings (RETIRE) Act,” prohibits financial institutions from considering non-economic factors when investing retirees' savings. Rep. Houchin’s “Retirement Proxy Protection Act” also pushes against the use of retirement funds to push ESG investing. Finally, Rep. Good’s “No Discrimination In My Benefits Act” pushes back against discrimination by “race color, religion, sex or national origin” in ERISA plans.
While the Big Three networks would not cover this corrective legislation, ESG investing remains a threat to American energy and products that improve our quality of life. ABC, NBC and CBS also ignored testimony against and in favor of ESG investing before Congress earlier this year.
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