Owens Backs the Putting Investors First Act

WASHINGTON, D.C. – Today, Rep. Burgess Owens (UT-04) co-sponsored the Putting Investors First Act, legislation to disrupt the woke attack on American capitalism and restore key safeguards that protect investors and prioritize shareholder returns.

“A misguided political agenda should not dictate the investment of American retirees’ hard-earned paychecks,” said Rep. Owens. “The Putting Investors First Act will weed out the undue influence of proxy advisory firms, restore transparency at investment firms, and preserve the financial future of all Americans. I am proud to support this common sense legislation, and will work hard to ensure the economic success of families in my district and across the nation.” 

This legislation, first proposed in the 117th Congress, reins in proxy advisors and limits their influence over American corporate governance. In the last two years, the Biden Administration has reversed critical proxy advisory firm reforms, resulting in reduced oversight, accountability, and transparency. The legislation focuses on restoring key safeguards that will protect investors and prioritize shareholder returns.

The full text of the legislation is available here.


Recent Posts

Feb 5, 2024

Utah Congressional Delegation Announces Passport Fairs in Coordination with State Department

Utahns can obtain passport services at five events throughout the state from February 13 – 17 Representative Burgess Owens (UT-04) joined U.S. Senators Mike Lee (R-UT) and Mitt Romney (R-UT), and Representatives John Curtis (UT-03), Blake Moore (UT-01), and Celeste Maloy (UT-02), in coordination with the Department of State, to announce five “Passport Fairs” throughout the […]

Feb 1, 2024

Owens Water Quality Bill Clears T&I Committee

WASHINGTON – The House Transportation and Infrastructure Committee included the Water Quality Criteria Development and Transparency Act, introduced by Rep. Burgess Owens (UT-04), in H.R. 7023, the Creating Confidence in Clean Water Permitting Act, which passed out of committee with bipartisan support. Owens’ legislation sets forth clearer procedures for the U.S. Environmental Protection Agency (EPA) […]

Jan 31, 2024

Ed Committee Approves Owens Amendment Enhancing College Cost Reduction Act 

WASHINGTON – Today, the Education and the Workforce Committee passed the College Cost Reduction Act, which includes an amendment by Rep. Burgess Owens (UT-04), chair of the Higher Education and Workforce Development Subcommittee. Owens’ amendment clarifies the calculation of reimbursement payments, improves college transparency provisions, and changes the funding structure of the PROMISE program. “The […]