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Bryan Steil: “There is a duopoly of proxy advisors who have a…”

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 00:28

I'm concerned about Americans retirements being used for purposes other than analyzing risk return. And in particular, we see There is a duopoly of proxy advisors who have a disproportionate voice in the voting of shares. as more and more Americans are turning to index funds, passive investments in particular, through asset managers across our country. And If I can, Mr. Cunningham, with you is. (00:28–00:46)

CLAIM

Asserts that a duopoly of proxy advisors influences share voting disproportionately.

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