Business Roundtable Welcomes President Trump’s Executive Order on Proxy Advisory Firms and Shareholder Proposals

Washington - Business Roundtable CEO Joshua Bolten today issued the following statement:

"Business Roundtable applauds President Trump for taking steps to address longstanding issues with proxy advisory firms and the shareholder proposal process. Improving transparency, accountability and balance in these areas is critical to protecting long-term investors. We look forward to working with the Administration and Congress on additional reforms that strengthen capital markets and support long-term value creation for millions of American retirees and savers."

In April 2025, Business Roundtable released a white paper, "The Need for Bold Proxy Process Reforms," urging swift action to modernize outdated rules, enhance oversight of proxy advisory firms and realign the proxy process with the long-term interests of shareholders. Read the full paper here.