NASHVILLE, Tenn.—Americans with investments in the “Big Three” financial companies—BlackRock, State Street, and Vanguard—may see their money “voting” for things they don’t believe in, warns the top lawyer at Strive Asset Management, the firm founded by former Republican presidential candidate Vivek Ramaswamy.
“I think, for a long time, we’ve been really focused on, where is money in politics, right?” Alexandra Gaiser, the general counsel at Strive, tells “The Daily Signal Podcast” in an interview at the National Religious Broadcasters convention in February. “So, you have all sorts of campaign finance restrictions.”
“Unfortunately, that hasn’t covered Americans investments,” she notes. “Many Americans don’t realize that they’re voting every quarter for things they don’t believe in, because the proxy voting system is a duopoly….
