Political Quotes

“To close. Madam Speaker, this was claimed earlier by one of the authors that investors wanted this information, I believe was the quote. Well, I ask the question: If investors want this information, as claimed, then they can bring a vote to the shareholders to require these disclosures. Evidence, Madam Speaker, would dictate and show that precious few of these types of issues have actually been brought to shareholder meetings, where they are voted on. In the rare times that they have, even fewer have actually been approved. So, no, investors don't look at this information. They don't want this information, and they don't view it as material to the investment decisions that they are making. So you have to ask the question, then: Who is requiring or requesting this information? I suspect it is more about appeasing social activists. It is not about the workers and it is certainly not about the investors. This is about making sure that the virtue signaling that is required in today's corporate world--may I add, for large corporations, because there are plenty of small and medium-sized, even publicly traded companies that are bucking this.…”