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Bryan Steil: “The duopoly in the proxy advisor space is problematic for…”

Featuring: Bryan Steil, Republican | U.S. House, Wisconsin, District 1

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Bryan Steil_ 'Federal Agencies Are Weaponizing Americans' Retirement Accounts' For Political Goals.

Published | Video Starts at 05:06

Were that not in existence, I think the transparency problem also would disappear. Yeah, I would love to see this duopoly broken up and more players in this space. But I remain incredibly concerned about The duopoly in the proxy advisor space is problematic for Americans' retirement because it's allowing America's retirement funds to be weaponized for political purposes. rather than to be used to actually analyze risk. In return, Mr. Chairman, I yield back. (05:06–05:18)

CLAIM

Asserts that the proxy advisor duopoly is problematic for retirement funds, using them for political purposes.

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