‘ESG Hasn’t Gone Away’: Group Urges Trump, SEC to Rein In ‘Big Three’ Asset Managers’ Voting Power Long Term

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Social activism among corporate elites isn’t going away, but the Trump administration and the Securities and Exchange Commission have a solution to curb the influence of Wall Street’s largest asset managers, a conservative policy group argues. The Bull Moose Project says that, in the past, the investment firms BlackRock, Vanguard, and State Street amassed significant...