Bryan Steil tweeted the following:
"When investment decisions are not made based on returns, but instead focus on political ideology, shareholders and retirement savers with 401ks and pensions are hurt."Read on Twitter
Here are other recent tweets from Bryan Steil:
"Im working to rein in these firms and put American families saving for retirement first. We need transparency, accountability, clarity about conflicts of interest, and competition in this highly concentrated and powerful industry."Read on Twitter
"ISS and GL have ~97% of the advisory market share. So, a few workers reporting to Germany and San Francisco wield immense power. They have a big say over YOUR retirement assets."Read on Twitter
"Ive advocated for regulations that bring transparency and accountability to this industry. The SEC's actions take us in the other direction, making it easier for proxy advisors and their allies to push their activist agenda using your 401k dollars."Read on Twitter
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