President Trump recently signed an executive order that aims to end a 20-year experiment in backdoor socialism usurping private wealth to serve special interests. It affirms fiduciary responsibility and extends it to proxy advisers "that prioritize radical political agendas over investor returns." Fiduciary responsibility requires investment managers and advisers to act in "the best interest of the investor," and it applies even when the investor is seeking nonfinancial outcomes such as environmental, social, faith-based or humanitarian gains. Securities and Exchange Commission Chairman Paul Atkins's recent announcement that the commission is reviewing Biden-era rules governing so-called environmental, social and governance funds affirms this point. Fiduciary duty requires investment managers and advisers to exercise loyalty and care to ensure that investment objectives, whether financial or nonfinancial, are fulfilled
@#12 ... S'riously? ...
More seriously... why might investments that are opposed by the Pres of the United States have problems returning a high profit level? This OpEd seems to want to start a self-consuming spiral downward of ESG investments.
Pres Trump has railed against windmills (as he calls them) because he thought the ruined the view of his golf course in Scotland.
How Trump's loathing for wind turbines started with a Scottish court battle (July 2025)
www.bbc.com
... "I am the evidence," was the eyebrow-raising comment made by Donald Trump when he appeared before the Scottish Parliament in 2012.[emphasis mine]
He was speaking as an "expert" witness on green energy targets, describing how he believed wind turbines were damaging tourism in Scotland.
Five years before he first became US president, it was one of his earliest interventions on renewable energy - but since then his opposition to them has grown to become government policy in the world's biggest economy.
He was objecting to 11 turbines which were planned -- and ultimately constructed -- alongside his Aberdeenshire golf course.
On his latest visit to Scotland, he described those turbines as "some of the ugliest you've ever seen".
PA Media President Trump, a man in dark clothes, white shoes and cap teeing off on a golf coursePA Media
President Trump teeing off on the new course on his Aberdeenshire golf resort
When Trump bought the Menie estate, about eight miles north of Aberdeen, in 2006, he promised to create the "world's greatest" golf course.
But he soon became infuriated at plans to construct an offshore wind farm nearby, arguing that the "windmills" -- as he prefers to call the structures -- would ruin the view. ...
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