U.S. Sen. Sherrod Brown is using his chairmanship of the U.S. Senate committee that oversees the banking system to overturn regulations the Trump administration passed in its waning days that he views as anti-consumer….
Brown also introduced a resolution to overturn procedures the Securities and Exchange Commission finalized late last year that affect how shareholders can present proposals at corporate meetings. Under the regulation Brown is fighting, shareholders who introduce resolutions at corporate meetings must own a larger share of company stock for a longer time period than was previously needed.Sen. Sherrod Brown wants to use ‘Congressional Review Act’ to overturn Trump-era financial rules – cleveland.com
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I look forward to seeing the language and also learning if Senator Manchin supports. I’m certainly hopeful. The rulemaking had many flaws.