The Republican party, which once prided itself on being the party of free market economics and support for business and deregulation (VEA Chair Robert A.G. Monks and Vice Chair Nell Minow worked on President Reagan’s Task Force on Regulatory Relief) has become the party of government intrusion on business, the nanny state. if the nanny…
Tag: congress
Board Members Called to Testify Before House panel Investigating Climate Disinformation by Big Oil – The Washington Post
A House committee investigating climate change has followed its call for testimony by fossil fuel company executives with another hearing, this one with members of the boards of directors The House Committee on Oversight and Reform has broadened its investigation into the role of fossil fuel companies in misleading the public about climate change, asking…
Members of Congress Express Concern about the SEC’s Approach to Climate Change Disclosure
Some Members of Congress have written to SEC Chairman Gensler to remind him what the “materiality” standard is and conclude without reference to any data that the Commission may not be clear on it. We also caution the SEC against outsourcing its responsibilities to ostensibly “independent” third-party standard setters that have agendas outside the scope ofthe Federal securities laws and that do not recognize the standard ofmateriality that has served U.S. capital markets so well. Some of these organizations are funded or…
By the Numbers: How Diversity Data Can Measure Commitment to Diversity, Equity and Inclusion
House Subcommittee on Diversity and Inclusion At a Congressional hearing on diversity data, Anne Simpson talked about why diversity in portfolio companies is one of the top priorities for CalPERS: As a fiduciary that must pay benefits long into the future, we are focused on corporate practices that drive long-term value. We believe, and research…
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