President Joe Biden issued his first veto of his presidency on Monday, blocking a resolution that would have overturned a new Labor Department rule allowing retirement plans to consider environmental, social and corporate governance factors when selecting investments. The rule has been met with both praise and criticism, with supporters arguing that it will help investors and opponents arguing that it will hurt retirees' bottom lines. Biden vetoed the resolution, saying it would undermine the retirement security of millions of Americans, and reaffirmed his commitment to protecting the retirement security of Americans.