Bryan Steil: “Chairman Gensler struck down the rule made under Clayton…”

“So you think all these things that they should have to do these, I take it from your comments, right? Yes. And the Congress has studied this industry for 13 years. Is there a reason that Chairman Gensler struck down the rule made under Clayton that was reviewed, analyzed, to put these proxy advisors into a form where they would have to disclose. Is there a reason that Gensler should have done that other than to try to continue to allow these proxy advisors to hide what they're doing from the American people?” (02:17–02:28)

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