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For Immediate Release
May, 29 2025, 04:48pm EDT
Contact:
Ginny Roscamp, Senior Press Secretary, Federal Communications, Sierra Club, ginny.roscamp@sierraclub.org
Trump Administration Drops Defense of Rule Allowing Retirement Plans to Provide More Sustainable Investment Options
Department of Labor says it will engage in new rulemaking
The Trump administration announced Wednesday, May 28, that it plans to overturn a Department of Labor rule allowing managers of private retirement plans to consider environmental, social, and corporate governance (ESG) factors when making investment decisions and voting on shareholder proposals. Lawyers with the Department of Labor informed the US Court of Appeals that it would engage in new rulemaking this spring in order to rescind the rule.
In response to the news, Ben Cushing, director of the Sustainable Finance campaign at the Sierra Club, issued the following statement:
“Climate change is a growing threat to workers’ retirement security. Dismantling safeguards for responsible investing is a dangerous disservice to the millions of Americans saving for the future. Retirement plan managers should be empowered to consider all relevant financial risks — including those stemming from the climate crisis — not be forced to ignore them. This is yet another example of political interference by Republicans that puts ideology and special interests ahead of evidence, weakening investor protections at a time when stronger guardrails are urgently needed. As federal officials roll back protections for private retirement plans, state and local leaders must affirm that public pension funds should proactively address climate and sustainability risks.”
BACKGROUND
In March 2023, the Sierra Club applauded former President Biden for issuing his first presidential veto to reject an attempt by House and Senate Republicans to use the Congressional Review Act (CRA) to undo the rule.
In February 2023, the Sierra Club joined dozens of investors, workers, and advocacy groups in sending a series of letters to House and Senate lawmakers opposing Republican attempts to circumvent the DOL rule.
In November 2022, the Sierra Club applauded the DOL for restoring the rule, saying the decision “lays the groundwork for future rulemakings that establish affirmative duties of retirement fund fiduciaries to manage climate and other systemic risks.”
In December 2021, during the DOL public comment period, the Sierra Club joined the Americans for Financial Reform Education Fund and a dozen advocacy groups in showcasing support for the proposed rule.
The Sierra Club is the most enduring and influential grassroots environmental organization in the United States. We amplify the power of our 3.8 million members and supporters to defend everyone's right to a healthy world.
(415) 977-5500LATEST NEWS
As Subvariant Spreads, CDC Maintains Child Vaccine Guidance Despite RFK Announcement
Experts said the new guidance would likely prevent insurers from refusing to cover the vaccines, but some said mixed messages from the Trump administration could still lead to confusion.
May 30, 2025
Amid reports of a new Covid-19 subvariant spreading in several U.S. states, the Centers for Disease Control and Prevention on Friday said updated guidance on receiving vaccines against the coronavirus that contradicted a controversial recent announcement from the nation's top health official.
The CDC's schedule for vaccines for children aged 6 months to 17 years retained the Covid-19 shot, advising parents and doctors to engage in "shared clinical decision-making" when determining if a child should be vaccinated—meaning children can receive the shots if their parents and physicians agree.
That guidance contradicts a statement from Health and Human Services Secretary Robert F. Kennedy, Jr. earlier this week. Kennedy claimed Tuesday that there was a "lack of any clinical data to support the repeat booster strategy in children" for Covid vaccines as he announced, alongside National Institutes of Health Director Dr. Jay Bhattacharya and Food and Drug Administration (FDA) Commissioner Dr. Martin Makary, that the shots would no longer be recommended for pregnant women or healthy children.
"Where the parent presents with a desire for their child to be vaccinated, children six months and older may receive Covid-19 vaccination, informed by the clinical judgment of a healthcare provider and personal preference and circumstances," the new guidelines read.
"At least how some clinicians perceive it is, 'You guys are the experts, and if you don't know what the right thing to do is, how are we supposed to have that conversation in a 10-minute office visit?'"
Kennedy's announcement earlier this week alarmed public health experts, as did an earlier statement that the vaccines would only be made available to people over age 65 and those with certain medical conditions.
Kennedy, who baselessly called the Covid-19 vaccine "the deadliest ever made" in 2021—when the shots were estimated to have saved 140,000 lives—said at the time that new clinical trials would be needed to see if the vaccines continued to provide protection to people under 65.
Sean O'Leary, the chair of the American Academy of Pediatrics' infectious disease committee, said the CDC's new guidance could still cause confusion among parents and doctors, compared to an across-the-board recommendation like those that exist for other childhood vaccines.
"At least how some clinicians perceive it is, 'You guys are the experts, and if you don't know what the right thing to do is, how are we supposed to have that conversation in a 10-minute office visit?'" O'Leary told The Washington Post.
But the new guidance could stop insurance companies from refusing to cover the shots, as experts were worried they might after Kennedy's earlier statements, and will preserve the shots' availability for about 38 million low-income children who rely on the Vaccines for Children program.
The out-of-pocket cost for a Covid vaccine at a CVS pharmacy—where some patients could opt to go if their doctors don't want to administer the vaccine—is $198.99.
Experts remained concerned on Friday about the CDC's approach to Covid vaccines for pregnant women; the agency said there is officially "no guidance" for people who are pregnant.
Public health experts have warned that research shows pregnant women's risk of death and hospitalization is heightened if they have a Covid infection, and that the illness raises the risk of stillbirth.
The CDC's new guidance—and Kennedy's push to pivot away from Covid vaccines for the general population—come as a new, highly transmissible Covid subvariant has been detected in states including California, Rhode Island, New York, and Washington.
The subvariant, NB.1.8.1, was first detected in January and has been spreading in Europe and Asia since then, with the World Health Organization saying there has been a "concurrent increase in cases and hospitalizations in some countries where NB.1.8.1 is widespread."
Dr. Yvonne Maldonado, an infectious disease expert at Stanford University, told The Los Angeles Times that NB.1.8.1 does not cause more severe illness, "but it is more transmissible, at least from what we’re seeing around the world and also from lab experiments."
Meanwhile, Kennedy's push to reduce the availability of vaccines is "kind of chilling," Dr. Peter Chin-Hong of the University of California, San Francisco, told the Times. "It's out of step with the system we've learned to trust and follow... Most people would agree that kids should be targeted for flu vaccines. It seems kind of weird to have Covid as an outlier in that respect."
O'Leary said in a statement that despite the Trump administration's recent statements, scientific data about the vaccines is clear.
"Pregnant women, infants, and young children are at higher risk of hospitalization from Covid," he said, "and the safety of the Covid vaccine has been widely demonstrated."
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In Dissent, Jackson Warns of 'Devasting' Impacts as Supreme Court OKs Trump Ending Protections for 500K Migrants
One immigration lawyer wrote that the order "simply ignores the human costs and blesses the Trump admin's stripping of status of hundreds of thousands of people who entered the country legally."
May 30, 2025
The U.S. Supreme Court on Friday cleared the way for the Trump administration to end, for now, legal protections for more than 500,000 Haitian, Cuban, Nicaraguan, and Venezuelan migrants with a ruling that liberal Supreme Court Justice Ketanji Brown Jackson blasted in a dissent as deeply harmful.
The decision puts on hold a ruling from U.S. District Judge Indira Talwani, who in April issued a stay on the Trump administration's move to end a humanitarian program extended to this group under former U.S. President Joe Biden. The ruling means the immigrants are at risk of being deported under President Donald Trump's mass deportation effort, even as the core legal issues in the case continue to play out in lower courts.
The unsigned order from the Supreme Court focuses on the so-called CHNV parole program, which allows certain individuals from those four nations to apply for entry into the U.S. for a temporary stay, so long as they have a U.S.-based sponsor, go through security vetting, and meet other conditions. In some cases, beneficiaries of the program work in the U.S.
On his first day in office, Trump issued an executive instructing the U.S. Secretary of Homeland Security to "[t]erminate all categorical parole programs," including CHNV.
"The court has plainly botched this assessment today. It requires next to nothing from the government with respect to irreparable harm" wrote Jackson in her dissent, joined by Justice Sonia Sotomayor. "And it undervalues the devastating consequences of allowing the government to precipitously upend the lives of and livelihoods of nearly half a million noncitizens while their legal claims are pending."
Friday's ruling is the second time this month that the Supreme Court has permitted the Trump administration to halt a program aimed at protecting immigrants who leave their home countries for humanitarian reasons. Earlier in May, the court issued an unsigned order allowing Trump to cancel Temporary Protected Status protections specifically extended to 350,000 Venezuelans immigrants while the legal case winds its way through lower courts.
The court's decision on Friday is a temporary order and litigation is still playing out, but it signals that a majority of the justices think the Trump administration is likely to prevail in the case, according to The New York Times.
"Respondents now face two unbearable options," according to Jackson's dissent. Jackson wrote that immigrants in the program could either chose to leave the U.S. and potentially confront dangers in their home countries, and other adverse outcomes, or "risk imminent removal at the hands of government agents, along with its serious attendant consequences."
"The court allows the government to do what it wants to do regardless, rendering constraints of law irrelevant and unleashing devastation in the process," she concludes in the dissent.
Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, wrote: "an incredibly devastating decision which simply ignores the human costs and blesses the Trump admin's stripping of status of hundreds of thousands of people who entered the country legally."
Josh Gerstein, a legal reporter at Politico, wrote that the ruling "may spell trouble for Ukrainians/Afghans with similar status."
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Musk Might Be Gone, But Watchdogs Warn Trump/DOGE Carnage Will Continue
"Musk's departure obscures but does not actually change the continuity of DOGE's staff and mission to destroy everything that protects the public from the depredations of the most rapacious oligarchs," said one critic.
May 30, 2025
Critics of the so-called Department of Government Efficiency cautioned Friday against undue elation or complacency over Elon Musk stepping down as de facto DOGE chief, warning that officials at the contentious agency are pressing ahead with U.S. President Donald Trump's mission of eviscerating key agencies and the ability of the federal government to properly function.
With Musk's official departure from DOGE this week—returning to the private sector to run his beleaguered business empire—most of the agency's leadership and rank-and-file staff remain in place. As the Revolving Door Project (RDP) noted Friday, key DOGE officials "maintain extensive ties to Musk's corporate empire, with many of them having come to DOGE directly from one of Musk's companies."
According to RDP research, "at least 46 former or current DOGE members have substantial and direct ties to Elon Musk."
"DOGE isn't going anywhere, according to the Trump administration's own officials," RDP said. The watchdog group warned specifically about Office of Management and Budget (OMB) Director Russell Vought, who they said "seems to be the new boss in town."
The visions of the two men, said RDP, "have been aligned from the start. Musk endorsed Vought's view of the unconstitutionality of the Impoundment Control Act and said that DOGE would work 'closely with [OMB].'"
Yesterday, Elon Musk claimed once again to be stepping back from DOGE. But does that mean that his lackeys are too? If Musk leaves government but his loyalists stay behind, what difference does that really make? 🧵
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— Revolving Door Project (@revolvingdoordc.bsky.social) May 29, 2025 at 6:28 AM
Vought co-authored the policy portion of Project 2025, a far-right blueprint for gutting the government and expanding executive power.
"There is no daylight between Elon Musk and Russ Vought on the aim of greenlighting corporate abuse, as anyone can see from their joint destruction of the Consumer Financial Protection Bureau," RDP executive director Jeff Hauser said Friday. "DOGE's Musk-tied staffers have already burrowed into the government, and having a new boss who has coordinated extensively with Musk isn't likely to change their actual actions much at all."
"Musk's departure obscures but does not actually change the continuity of DOGE's staff and mission to destroy everything that protects the public from the depredations of the most rapacious oligarchs," Hauser added.
Another watchdog, Accountable.US, noted Friday that Vought "has a nearly 20-year record working on Republican efforts to cut Social Security and Medicare—including overseeing numerous Trump budget proposals."
"It's proof that DOGE's extreme agenda, which is causing ordinary families to fall behind, is full steam ahead as Trump and his allies in Congress push forward deep cuts to Americans' essential benefits," the group continued. "Last week, congressional Republicans advanced the largest cuts to Medicaid and [Supplemental Nutrition Assistance Program] in history, which would result in 14 million Americans losing health coverage, 3 million households without food assistance, and an increased burden for millions with higher education and energy costs. All while adding over $4 trillion to the deficit."
"Americans deserve real government reforms to cut red tape, eliminate waste, and ensure taxpayers are able to access the services they pay for," Accountable.US added. "That was never DOGE's goal. Instead Trump and Musk tried to gut Medicare, Medicaid, and Social Security, to line their own pockets and those of their billionaire friends with tax cuts, and the administration is only just getting started."
As one staffer at the DOGE-beset National Institutes of Health told Politico, "DOGE is still hungry. We've still got to feed the fucking dog."
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