Sean Duffy: “It goes on to say: Meanwhile, during our latest discussions we were again advised that we could avoid some issues by…”

“It goes on to say: Meanwhile, during our latest discussions we were again advised that we could avoid some issues by subscribing to ISS corporate services and thereby have some input before such recommendations are published. Mr. Speaker, of course, such a subscription would entail big payouts. It goes on to say: On the one hand, ISS makes wholly unsupportable, unreasonable, and irrational recommendations regarding corporate elections without investigation, regulatory support, or even contact with the victim company. While, on the other hand, seeking fees from the victim company for the privilege of influencing ISS's recommendations. Mr. Speaker, so what you have here is you have the mafia on the streets. So, lo and behold, your little shop on the street corner gets burglarized at 10 o'clock one night and at 8 o'clock in the morning, and lo and behold, the thugs come in and say: Do you want to buy some insurance? Do you want to buy some protection? Pay up. We will keep you safe. ISS, Glass Lewis, you pay up, and we can help you with your recommendation. We can help you with your ratings. Mr. Speaker, this is thuggery. Let's have a little commonsense oversight in this space. It is a good bill.”