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 selecting investments. If passed, the resolution would reinstate previous restrictions, requiring plan fiduciaries to prioritize financial returns above all other non-pecuniary considerations. For everyday citizens, this would mean that those managing their retirement savings would be discouraged or prohibited from weighing climate change or social impacts when making investment decisions on their behalf.