A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".

This joint resolution seeks to overturn a Department of Labor rule that allows managers of retirement plans, such as 401(k)s, to consider environmental, social, and governance (ESG) factors when making investment decisions. If passed, the resolution would reinstate previous standards that required plan managers to prioritize financial returns above all other non-financial considerations. For everyday citizens, this bill would determine whether the professionals managing their retirement savings are permitted to weigh climate change or social impacts alongside traditional financial data when selecting investments or voting on corporate matters.