Trump Targets Proxy Advisory Firms
Update: 2025-12-12
Description
President Trumps executive order targets proxy advisory firms, accusing them of pushing politically motivated agendas. The order directs agencies to investigate Institutional Shareholder Services and Glass Lewis for potential rule-breaking and antitrust violations, particularly regarding environmental and social issues. The move is part of a series of conservative efforts to rein in these companies, which have faced criticism for holding too much sway over corporate decisions. The firms, however, maintain they operate professionally and ethically, always in the best interest of their clients. The executive order highlights ongoing debates about the influence of proxy advisory firms in corporate governance.
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