Sept 28, 2021
Investors with assets worth over $1.6 trillion urged Congress on Tuesday to pass a federal paid family and medical leave policy as part of President Joe Biden's $3.5 trillion spending plan, according to a letter viewed by Reuters.
The more than 100 investors, which include public pension funds, state treasurers and asset managers, said a paid leave policy would help to improve the U.S. economy and make the companies in which they hold shares perform better.