US President Joe Biden on Monday used his veto power for the first time and overrode a Republican-led bill that, as per AFP, would have barred retirement fund asset managers from taking into account environmental, social and governance (ESG) factors.

US President Biden uses first veto to block Republican anti-ESG funds bill

The Wall Street Journal reported that the US Securities and Exchange Commission is investigating Goldman Sachs Group Inc's asset-management division. Citing people familiar with the matter, Wall Street Journal report asset-management division is being probed over its funds that look to invest based on environmental, social, and governance (ESG) standards.

Report says US SEC is investigating Goldman Sachs Group Inc's asset-management division

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US President Biden uses first veto to block Republican anti-ESG funds bill

Report says US SEC is investigating Goldman Sachs Group Inc's asset-management division