Haven’t read through how they intend to *REACH* this goal, but I do like the idea of “but it sounds nice” not being a free pass to avoid the legal responsibilities to properly care for the financial responsibilities. Directly donating company cash to a favored group wouldn’t be allowed; damaging value to support them shouldn’t, either.
That said, I can easily see ways to screw this up….
Fairfax, Va.-U.S. Senator Marco Rubio (R-FL) introduced theMind Your Own Business Act, which would enable shareholders to hold woke corporations accountable.
Americans for Limited Government President Richard Manning issued the following statement in support of the measure:
“Woke corporations seem to be jumping over each other to prove who is willing to give more money or change corporate direction to accommodate a loud group of far left activists who are characterized as ‘stakeholders.’ Senator Marco Rubio has introduced legislation which would require these corporations to justify these actions based upon the fiduciary responsibility they have to shareholders (who actually are the owners of the company and have an expectation that profit will be the primary focus).
“Americans for Limited Government strongly supports Senator Rubio’s leadership on this important issue. Pensioners, those who hope to retire someday and other investors have a right to expect…
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