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Katie Porter: “If you disagree with them and you think they're mismanaging…”

Featuring: Katie Porter, Democratic | Former Candidate, U.S. Senate California

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Katie Porter Challenges Republican Stance on ESG in Investment Management Hearing

Published | Video Starts at 01:06

Right? So, I mean, investment managers have fiduciary duties to make good investments. If they find ESG useful, then they find ESG useful. And If you disagree with them and you think they're mismanaging your money, sue them. What am I missing here? Or short the stock. You don't even have to sue them. Right? I mean, if you have a view that just short the stock, make money, you can be an activist. (01:06–01:14)

CLAIM

Asserts that investors can take legal action if they believe their money is being mismanaged.

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Katie Porter

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