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GOP Senators Scrutinize Proxy Advisers Over Potential Conflicts
GOP Senators Scrutinize Proxy Advisers Over Potential Conflicts

Bloomberg

time21-05-2025

  • Business
  • Bloomberg

GOP Senators Scrutinize Proxy Advisers Over Potential Conflicts

Republicans on the Senate Banking Committee are probing two top proxy advisory firms over potential political bias and conflicts of interest, in a renewed push to subject the industry to greater oversight. 'While your influence over corporate governance has grown substantially, your practices have increasingly departed from sound economic principles, undermining the interests of shareholders and the competitiveness of US capital markets,' Chairman Tim Scott, along with Senators Mike Rounds and Bill Hagerty, wrote in a May 20 letter to Glass Lewis & Co. and Institutional Shareholder Services Inc.

Harvard Hits Back at Education Secretary McMahon, Denying Political Bias
Harvard Hits Back at Education Secretary McMahon, Denying Political Bias

Bloomberg

time12-05-2025

  • Politics
  • Bloomberg

Harvard Hits Back at Education Secretary McMahon, Denying Political Bias

Harvard University fired back at US Education Secretary Linda McMahon, denying her allegation that the school has a partisan political bias and warning that government 'overreach' is threatening key freedoms. 'I must refute your claim that Harvard is a partisan institution,' Alan Garber, the university's president, said Monday in a letter to McMahon. 'It is neither Republican nor Democratic. It is not an arm of any other political party or movement. Nor will it ever be.'

Harvard Hits Back at McMahon, Denies It's Republican or Democrat
Harvard Hits Back at McMahon, Denies It's Republican or Democrat

Bloomberg

time12-05-2025

  • Politics
  • Bloomberg

Harvard Hits Back at McMahon, Denies It's Republican or Democrat

Harvard University fired back at US Education Secretary Linda McMahon, denying her allegation that the school has a partisan political bias and warning that government 'overreach' is threatening key freedoms. 'I must refute your claim that Harvard is a partisan institution,' Alan Garber, the university's president, said Monday in a letter to McMahon. 'It is neither Republican nor Democratic. It is not an arm of any other political party or movement. Nor will it ever be.'

New footie regulator's boss warned against ‘political bias' after donating to Labour
New footie regulator's boss warned against ‘political bias' after donating to Labour

The Sun

time09-05-2025

  • Politics
  • The Sun

New footie regulator's boss warned against ‘political bias' after donating to Labour

THE new football regulator's boss has been warned against 'political bias' after donating to Labour. A formal complaint over David Kogan's appointment was also lodged by the Tories. 1 The sports media exec donated to the leadership campaigns of Sir Keir Starmer and Lisa Nandy, now the PM and Culture Secretary. Shadow Culture Secretary Stuart Andrew claimed that this was not properly declared ahead of his selection hearing. He also raised to the Cabinet Secretary a potential ministerial code breach, with a 'perceived conflict of interest'. The Culture, Media and Sport Committee endorsed Mr Kogan as Independent Football Regulator chairman yesterday after a grilling on Wednesday. But, in a rare caveat, it demanded he 'takes concrete steps to reassure the football community he will act impartially and in a politically neutral way'. Tory Chair Dame Caroline Dinenage said: 'While Mr Kogan's background and experience make him well-suited for the role, his past donations to the Labour Party will inevitably leave him open to charges of political bias in a job where independence is paramount.' 'We want to see the new Independent Football Regulator succeed, so it's crucial that nothing undermines the regulator as it gets up and running. 'Mr Kogan must give 110 per cent when it comes to reassuring everyone in the game that he is his own man. "The Committee looks forward to working with him constructively and holding him to account.' No 10 has insisted that all declarations were made in the proper way.

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