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Warren Davidson: “Glass Lewis... snapped up in 2021 by Peloton Capital…”

Featuring: Warren Davidson, Republican | U.S. House Ohio, 8th Congressional District

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'Activism Masquerading As Advice': Warren Davidson Slams Foreign Proxy Advisement Firms

Published | Video Starts at 00:24

On May 10, 2024, my colleagues Congressman Andy Barr and Congressman Brian Style urged Treasury Secretary Secretary Janet Yellen to have CFIUS review this acquisition. Here we are over a year later picking up the pieces from the previous administration. Then there's Glass Lewis... snapped up in 2021 by Peloton Capital Management, a Toronto based private equity firm. ISS and Glass Lewis aren't small outfits. Together they dominate 97% of the proxy advisory space, influencing votes on everything from board elections to ESG mandates that shape corporate policies and significantly influence America's capital markets. (00:24–01:25)

CLAIM

Asserts that Glass Lewis was acquired by Peloton Capital Management in 2021.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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