I have deep affection and adoration for my friend and colleague, the Senator from New Jersey. I do respectfully but strongly disagree with his position on this. He made the point several times that if he were acting as an investor, he would very much like to know the composition of a corporate board or an executive team within a corporation, which is great. A lot of people feel the same way. That isn't the question. No one is stopping a corporation from disclosing that information. In fact, a whole lot of corporations do. Some may not want to do that. Some might want to disclose some of this information but not all of it. Some might not want to be in a position of asking probing questions regarding the gender and ethnicity and race of their employees, understanding that it will then be disclosed to the public under the crushing force of Federal law. There are legitimate reasons why a company might not want to do that, some of which have to do with that company's own ability to treat its employees and its board members and its executive team with dignity and respect. In some circumstances, not everything is the government's business. Transparency, yes. It is absolutely something that I believe in. Transparency usually refers to what we need when it comes to government action. Transparency is what we demand when we require open public hearings when government does business.…
On the recordJuly 1, 2020
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