CalPERS is considered underfunded because its assets are worth about 71 percent of what it owes in promised benefits to retirees and public employees. Some cities, including Corona, have complained that rising pension costs are inhibiting their ability to fund other services.
“The SEC’s rules governing the proxy process are at the center of investor participation in the corporate governance of public companies. The decision to hold a roundtable to gather stakeholder input is an strong signal that the commission is serious about ensuring the concerns of investors are appropriately represented,” said Tim Doyle, General Counsel and Vice President of Policy at the American Council for Capital Formation.
"Unleashing the power of the free-market is the most effective and efficient way to address the challenges posed by climate change. We need to signal to the markets that investment in innovation and clean energy technologies is a win-win. I look forward to working together with the Clean Capitalist Coalition to promote policies that achieve this goal," said Drew Bond, senior fellow and director of energy innovation programs at ACCF.
Real Clear Energy
Tariffs could pose real danger to the American energy renaissance that the president has worked hard to help nurture. If we really want “energy dominance” and if we really want to build the kind of energy security that will make America great for generations, we can’t afford setbacks to our energy future from a dangerous game of trade brinksmanship. Now is the time to reevaluate our approach to trade to ensure that retaliatory tariffs don’t undermine much needed economic momentum.
The withdrawal of the SEC letters could help the bill’s supporters achieve their goals without Congress. “It’s a great first step toward genuine reform of the way these proxy advisory firms have exerted their influence over corporate governance matters,” said Tim Doyle, vice president and general counsel of American Council for Capital Formation, which supports the bill.
The Trump administration should follow a clear-eyed, non-politicized approach that protects workers and residents in the Show Me State and elsewhere from unnecessary exposure, illness, and decades of tragedy-based litigation.
The threat of tariffs is leading to lower tariffs. The irony is that if President Trump keeps winning this way, he may actually end up being one of the champions of freer trade.
New publication from Peterson Institute for International Economics on President Trump's trade deal.
Investing pioneer Burton Malkiel believes investors shouldn't worry too much about a key recession indicator...