‘ESG Hasn’t Gone Away’: Group Urges Trump, SEC To Rein In ‘Big Three’ Asset Managers’ Voting Power Long Term

‘ESG Hasn’t Gone Away’: Group Urges Trump, SEC To Rein In ‘Big Three’ Asset Managers’ Voting Power Long Term

By Fred Lucas, The Daily Signal | June 19, 2026 Social activism among corporate elites isn’t going away, but the Trump administration and the Securities and Exchange Commission have a solution to curb the influence of Wall Street’s largest asset managers, a conservative policy group argues. The Bull Moose Project says that, in the past, the investment firms BlackRock, Vanguard, and State Street amassed significant control over shareholder votes …

'ESG Hasn’t Gone Away': Group Targets Large Asset Managers

Social activism among corporate elites isn’t going away, but the Trump administration and the Securities and Exchange Commission have a solution to curb the influence of Wall Street’s largest asset managers, a conservative policy group argues. The Bull Moose Project says that, in the past, the investment firms BlackRock, Vanguard, and State Street amassed significant control over shareholder votes through their dominance of passive index funds a…