evidence: The proposed ESG Act forms part of the evolving landscape of political resistance to climate change legislation and initiatives. We have observed that, prior to President Biden’s veto, Republican governors of 19 states announced an alliance led by Florida Governor Ron DeSantis to push back against the Biden Administration’s purported ESG "agenda." In addition to initiatives seeking to resist legislation and regulation, the last year has seen anti-ESG groups challenge financial institutions and their investment strategies. Recent examples include the Consumers’ Research’s campaign against Bank of America, a letter from several Republican Attorneys General to over 50 U.S. asset managers suggesting that ESG investment practices violated federal and state antitrust and consumer protection laws, and efforts by Republican-led state legislatures to impose penalties on financial institutions deemed insufficiently supportive of the energy industry.