“The reporting this week that the Trump administration is moving to craft an executive order potentially limiting the power of proxy advisory firms such as ISS and Glass Lewis, along with the reported FTC investigation into whether these firms have violated antitrust laws, should be celebrated across the political spectrum. As longtime corporate governance scholars, we believe these moves are not only correct but long overdue.”

(COMMENTARY) These proxy advisory firms save companies and investors from thinking hard about proxy decisions. It’s an easy way to ‘pass the buck’. Many poor decisions have arisen, and investors not fulfilling their role as ‘owners’.
The Trump administration gets it right on limiting the power of proxy advisory firms such as ISS and Glass Lewis, by Jeffrey Sonnenfeld and Steven Tian, November 16, 2025, Yahoo! Finance, USA.