EXCLUSIVE: Watchdog Warns Trump SEC Chair Could Undercut Fight Against DEI |
FIRST ON THE DAILY SIGNAL – The Securities and Exchange Commission could make it tougher for shareholders to challenge left-leaning corporate policies that promote diversity, equity, and inclusion, as well as environmental issues, a conservative watchdog group asserts.
SEC Chairman Paul Atkins in November suggested making it easier for corporations to block shareholder proposals from being heard and voted on at annual shareholder meetings.
Atkins, appointed by President Donald Trump in January and confirmed by the Senate in April, also suggested allowing the state where a company is based to decide what is appropriate for shareholder consideration.
However, in a 10-page letter to Atkins shared with The Daily Signal, National Legal and Policy Center President Peter Flaherty argued that conservatives have........