'Led by Indiana Attorney General Todd Rokita, the group filed a motion on Wednesday with the Federal Energy Regulatory Commission (FERC) challenging the firm's blanket authorization to purchase large stakes in such companies, arguing that the firm is not a passive investor and will use its stakes in companies to push a political and social agenda."
"This is yet another example of radical leftists trying to circumvent the will of the American people in order to implement their draconian mandates," he said. "The restrictions these elitists are trying to impose on energy companies and utilities would never win approval at the ballot box."
"The public interest is served when investment companies build their business models on maximizing financial returns for clients," he continued. "Conversely, the public interest is hijacked when these companies subjugate clients’ financial interests to leftist fever dreams."
From article:
'Led by Indiana Attorney General Todd Rokita, the group filed a motion on Wednesday with the Federal Energy Regulatory Commission (FERC) challenging the firm's blanket authorization to purchase large stakes in such companies, arguing that the firm is not a passive investor and will use its stakes in companies to push a political and social agenda."
"This is yet another example of radical leftists trying to circumvent the will of the American people in order to implement their draconian mandates," he said. "The restrictions these elitists are trying to impose on energy companies and utilities would never win approval at the ballot box."
"The public interest is served when investment companies build their business models on maximizing financial returns for clients," he continued. "Conversely, the public interest is hijacked when these companies subjugate clients’ financial interests to leftist fever dreams."