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Press Release Published: May 30, 2023

Fallon, McClain to Hold Joint Hearing to Examine Damaging Effects of ESG Practices on American Businesses and Retirees

WASHINGTON—Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs Chairman Pat Fallon (R-Texas) and Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) today announced a joint hearing titled “ESG Part II: The Cascading Impacts of ESG Compliance” to examine how environmental, social, and governance (ESG) initiatives impact businesses, consumers, and retirees.”

“No Administration should be able to impose damaging restrictions that burden American energy companies, disincentivize investment, and gamble with Americans’ retirement to fund its own far-left political agenda in the private market. The Biden Administration has routinely prioritized its progressive ESG schemes over the real economic, energy, and national security interests of the United States. We look forward to hearing from experts as we continue to investigate and expose the harmful effects of ESG practices,” said Subcommittee Chairs Fallon and McClain.

WHAT: Hearing titled “ESG Part II: The Cascading Impacts of ESG Compliance”

DATE: Tuesday, June 6, 2023

TIME: 2:00 PM ET

LOCATION: 2154 Rayburn House Office Building


  • Mandy Gunasekara, Director, Center for Energy & Conservation, Independent Women’s Forum
  • The Honorable Jason Isaac, Director, Life:Powered, Texas Public Policy Foundation
  • Stephen Moore, Distinguished Fellow in Economics, Heritage Foundation


Hearing Wrap Up: ESG Agenda Prioritizes Leftist Ideology Over the Interests of the American People

The hearing will be open to the public and press and will be livestreamed online at