Political Quotes

“Mr. Speaker, I rise today in strong opposition to H.R. 4790, a package of partisan, harmful financial services bills that would harm American investors and consumers. Study after study has proven that diversity and racial equity in the workplace significantly improve company performance, leading to greater profits and enhanced levels of innovation. Failing to address these issues at a firm directly affects stock value and investment risk. Therefore, investors should unquestionably have this data about the companies they are investing in. Shareholders ought to have a meaningful opportunity to bring these issues to the attention of management through the shareholder proposal and proxy statement process. The bottom line is, diversity matters, diversity disclosures matter, and investors have the right to access the information they need to make informed investment decisions based on their own judgment of which factors indicate long-term value. The SPEAKER pro tempore. The time of the gentlewoman has expired.”