Hearing: “The Proxy Advisor Duopoly’s Anticompetitive Conduct”

Subcommittee on the Administrative State, Regulatory Reform, and Antitrust (Committee on the Judiciary)

Wednesday, June 25, 2025 (10:00 AM)

2141 RHOB
Washington, D.C.

Witnesses

Mr. Sean Egan
Co-founder, President, and Chief Executive Officer, Egan-Jones Ratings Company

Added 06/25/2025 at 12:06 PM
  • Egan Testimony [PDF] Added 06/25/2025 at 12:06 PM
  • Egan Truth in Testimony [PDF] Added 06/25/2025 at 12:06 PM

Mr. Caleb Griffin
Associate Professor of Law, University of North Carolina School of Law

Added 06/25/2025 at 12:06 PM
  • Griffin Testimony [PDF] Added 06/25/2025 at 12:06 PM
  • Griffin Truth in Testimony [PDF] Added 06/25/2025 at 12:06 PM
  • Griffin Bio [PDF] Added 06/25/2025 at 12:06 PM

Mr. Charles Crain
Managing Vice President, Policy, National Association of Manufacturers

Added 06/25/2025 at 12:06 PM
  • Crain Testimony [PDF] Added 06/25/2025 at 12:06 PM
  • Crain Truth in Testimony [PDF] Added 06/25/2025 at 12:06 PM
  • Crain Bio [PDF] Added 06/25/2025 at 12:06 PM

Ms. Nell Minow
Chair, ValueEdge Advisors

Added 06/25/2025 at 12:06 PM
  • Minow Testimony [PDF] Added 06/25/2025 at 12:06 PM
  • Minow Truth in Testimony [PDF] Added 06/25/2025 at 12:06 PM
  • Minow Bio [PDF] Added 06/25/2025 at 12:06 PM

Support Documents

  • An article from Triple Pundit titled, “ESG: Illegal Collusion or Just Good Business Sense”, submitted for the Record by Mr. Nadler of NY [PDF] Added 06/25/2025 at 12:06 PM
  • An article from The Guardian titled, “Sustainable corporations perform better financially, report finds”, submitted for the Record by Mr. Nadler of NY [PDF] Added 06/25/2025 at 12:06 PM
  • An article from Diligent titled, “Proxy advisory firms: What they are & why you should care”, submitted for the Record by Mr. Nadler of NY [PDF] Added 06/25/2025 at 12:06 PM
  • A report dated May 2018, from the American Council for Capital Formation titled, “The Conflicted Role of Proxy Advisors”, submitted for the Record by Ms. Hageman of WY [PDF] Added 06/25/2025 at 12:06 PM

First Published: June 18, 2025 at 09:28 AM
Last Updated: June 25, 2025 at 12:06 PM