Woke Investing: Kills Retirement, Kills Capitalism, Empowers Socialists (Guest: Steve Milloy)
The Securities and Exchange Commission has proposed rules mandating every publicly traded corporation adopt woke climate standards.
The Securities and Exchange Commission (SEC), ignoring its legal mandate to ensure corporate transparency, accurate reporting, and the prevention of fraud and insider trading, has proposed rules mandating every publicly traded corporation adopt woke climate standards and goals accounting for the carbon dioxide emissions throughout its supply chain. Then, the corporations must set goals to reduce them. Steve Milloy explains how this is a new government approach to fighting climate change. It is the culmination of a decades long effort by the left to take over all major institutions. These actions by the SEC will harm investors, retirees, and consumers alike. In addition, Milloy discusses shareholder resolutions he has offered to make specific corporations disclose their vulnerabilities to China and their reliance on slave labor.