By Barrington M. Salmon NNPA Newswire In February last year, TEGNA – which owns 64 television stations in 51 US markets –agreed to be acquired by Standard General for $8.6 billion, including debt. The deal was expected to close in late 2022. But an unanticipated hurdle came in the form of Federal Communications Commission Chair
Trillions of dollars in retirement funds are being used to push controversial political agendas. Asset managers of state pension funds use their positions to vote for activist resolutions at shareholder meetings. The 1792 Exchange, a nonprofit group helping businesses move back to political neutrality, analyzed the proxy voting records of every state pension. The data show that asset managers voting on behalf of state pension holders have supported controversial resolutions at major corporations that would implement policies enforcing arbitrary environmental, social, and governance goals, racial “equity,” abortion travel benefits, and more.
well. that s right will. well, thank you again and these state financial officers are fighting back against this new woke religion and it is you re right coming from the corporate board rooms and the ceos themselves of some of the largest companies in america companies like black rock state street, vanguard and some of thes others are who manage, you know, hundreds of billions of dollars of state pension funds and state retirement accounts. and what our financial officers are saying look is it doesn t matter what the political issue is. whether yowsh for or against improving issues on climate change or some of the social issues. but we re saying fiduciary role is the foundation of what every financial decision should be made. right. right it seems pretty basic. you invest your money for a pa fiduciary responsibility and not