A GOP-led challenge to the US Labor Department’s socially conscious retirement investing rule will stay in the Texas federal district court known for striking down consequential Biden administration regulations.
Judge Matthew J. Kacsmaryk denied the department’s request to move the case out of the US District Court for the Northern District of Texas because it threatened an “unprecedented and unworkable standard for motions of transfer,” he said in a court order Tuesday.
The DOL had argued that the case should be moved to Washington, D.C., or elsewhere in Texas because the Northern District only has a single judge. The transfer ...
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