Legislation/Regulation

Why Pennsylvania’s HB 1671 Fails to Root Out Woke Investing

Bottom Line: Americans for Tax Reform opposes legislation (HB 1671) introduced by Pennsylvania State Representative Brett Miller. The bill ostensibly creates “transparency” by requiring the Public School Employees’ Retirement Board, the State Employees’ Retirement Board, and private equity managers to publicly disclose contractual information. Instead, the bill provides leverage,…

Legislation/Regulation

ATR Op-Ed in Townhall: “It’s Time to Depoliticize Retirement Fund Investments.” 

On September 15, 2022, Townhall published an op-ed by ATR Federal Affairs Manager Bryan Bashur. The op-ed discusses how legislators and attorneys general have been fighting back against the recent trend of investment managers of retirement funds employing environmental, social, and governance (ESG) standards for their investments in violation of their…

Legislation/Regulation

Pennsylvania Republicans Use Democrats’ Playbook to Regulate Retirement Funds

The Pennsylvania House of Representatives is considering unnecessary legislation that mandates the public disclosure of confidential information of private equity firms and their pension fund investors. House Bill 1671, sponsored by Rep. Brett Miller, is a government assault on private equity funds and their investors. The bill has been…

In the News

ATR Op-Ed in The Hill: “‘The Big Three’ must prioritize returns over ESG propaganda”

On June 6th, The Hill published an op-ed by ATR Federal Affairs Manager Bryan Bashur. The piece discusses how the world’s largest asset management firms (BlackRock, Vanguard, and State Street) have lost focus on maximizing retirement plan returns and instead prefer to promote environmental, social, and governance propaganda.  The…

In the News

ATR Op-Ed in Washington Examiner: “States move to protect retirees from risky woke capital”

On June 1st, the Washington Examiner published an op-ed by ATR Federal Affairs Manager Bryan Bashur. The piece discusses how states are fighting to remove environmental, social, and governance investments from pension fund returns, while the Biden administration is fully embracing woke capital.  The op-ed begins by highlighting the…

Legislation/Regulation

ATR Comments on FINRA Regulatory Notice on Complex Products 

On May 6th, Americans for Tax Reform submitted comments to the Financial Industry Regulatory Authority’s (FINRA) notice on the availability of certain publicly traded securities to individual investors. ATR is concerned that FINRA’s proposal risks eliminating trillions of dollars of affordable and accessible investment options for individual investors.