March 31st is Transgender Day of Visibility. Today, we celebrate the transgender and gender-expansive community, honor the contributions of transgender individuals to society, and work to raise awareness of the challenges and discrimination that trans and non-gender conforming people face every day.
The US hit the debt ceiling on January 19th of 2023. As of today, Congress has not yet voted to raise the debt limit, which it must do before it can borrow the additional funds necessary to pay for its approved budgeted spending (not unapproved future spending) on everything from salaries for military personnel to crucial social programs like Social Security and Medicare.¹
As part of the attacks on ESG, an important vote was passed by the US Senate which is worthy of note to all ESG investors and the Veris network. The US Senate passed House Joint Resolution 30 (H.J. Res 30), the Congressional Review Act (CRA) Resolution to overturn the U.S. Department of Labor’s (DOL) final rule on “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights.” The resolution now goes to President Biden’s desk where he is expected to veto it.
Intended to persuade more Americans to begin saving for retirement, the Securing a Strong Retirement Act, otherwise known as SECURE Act 2.0, was passed into law as part of the omnibus spending package signed by President Biden on December 23rd of 2022.¹ This bipartisan legislation will change hundreds of rules related to 401(k), 403(b), traditional and Roth IRAs and other types of retirement accounts.
By Nicole Davis, Partner and Senior Advisor
Veris Wealth Partners is a Certified B Corporation because we believe in the power of business as a force for good. We are proud of our B Corp status and the growth we have seen within this movement continues to inspire us. When our firm first earned certification in 2011, there were only 400 B Corps in the world. As of today, there are over 8000 companies representing over 150 industries in the global community of Certified B Corps.1
