New York City Comptroller Brad Lander Praises Amazon’s Workers For Exercising Their Freedom to Unionize
In a video message to Amazon workers, New York City Comptroller Brad Lander praised Amazon workers who are exercising their freedom to come together into unions to negotiate for a fair return on their work. He explained that the company and its shareholders, as well as workers’ pension plans, will benefit over the long term by treating workers well.
Trump Administration Moves to Suppress the Proxy Voting Rights of Working People’s Retirement Plans in Corporate Elections
In a partisan 3-2 vote, the U.S. Securities and Exchange Commission approved rule changes that will make it harder for investors to hold corporate CEOs accountable by filing shareholder proposals on environmental, social and governance issues. The AFL-CIO strongly opposed these rule changes as a threat to shareholder democracy.
Responsible Investors Overwhelmingly Reject SEC Proposals to Entrench CEOs
Earlier this month, responsible investors filed thousands of comments with the U.S. Securities and Exchange Commission (SEC) to oppose a rule-making that will entrench corporate CEOs from accountability on environmental, social and governance issues. Pension plans, socially responsible investors, faith-based funds, individual investors and investor rights groups strongly opposed the SEC power grab by CEOs and their corporate lobbyists.
Trump’s SEC Chairman Proposes to Disenfranchise Investors and Reduce Shareholder Democracy
In a partisan 3-2 vote, the Trump administration’s Securities and Exchange Commission (SEC) proposed to curtail the rights of investors to file proposals for a vote at company annual meetings. If adopted, these changes will hinder shareholder proposals by union members and their pension plans to hold corporate management accountable.