Bryan Steil tweeted the following:
"We need to rein in these woke firms that are encouraging the Lefts activists proposals and hurting our economy. My bill will do just that."Read on Twitter
Here are other recent tweets from Bryan Steil:
"Often, these firms pressure investors to vote contrary to shareholder economic interests, and in support of woke political initiatives like a green climate agenda. This issue goes back decades. wsj.com/articles/SB100"Read on Twitter
"American families depend on investors to manage these funds and vote on issues raised at shareholder meetings, many of which involve ESG initiatives."Read on Twitter
"Institutional investors rely on proxy advisors to tell them how to vote their shares. This means proxy advisors have a big say in how large companies are run. The market for these proxy advisors? Dominated by 2 firms Glass Lewis and ISS."Read on Twitter