VEA Chair Testifies in Proxy Advisor Hearing

VEA Chair Testifies in Proxy Advisor Hearing

VEA Chair Nell Minow was the sole witness called by the Democrats in a June 25, 2025 hearing held by the House Judiciary Committee’s Subcommittee on the Administrative State, Regulatory Reform, and Antitrust. There were a lot of corporate crocodile tears about the power of ISS and Glass-Lewis. Minow pointed out that 96 percent of their recommendations are to vote with management and asked (no one responded) what number less than 4 percent they t…