With an expected crackdown by Republicans on environmental and socially conscious investing when the GOP takes the House majority, Bracewell’s Joseph Brazauskas told The Hill that antitrust arguments over ESG investing made by Republicans on the House Judiciary Committee could signaling another potential line of inquiry.
Brazauskas said that such investigations typically begin with the government but could later extend to actors in the private sector.
“Sending letters to the private sector and backed up by subpoena authority you tend to get information and documents a lot quicker than you do from the federal government,” he said. “There’s always the possibility that private entities will be wrapped up in any sort of oversight.”