Capital Stewardship

The AFL-CIO’s Capital Stewardship Program gives workers a voice in the capital markets by leading corporate governance shareholder initiatives and advocating for legislative and regulatory reform.

Recent News

• May 31, 2011 - In a letter to the SEC and the FDIC, the AFL-CIO commented on the need for regulations on executive pay for bankers, including prohibiting stock option compensation.

• May 19, 2011 - In a letter to the SEC, the AFL-CIO commented on the need for stronger independence standards for compensation committees and compensation consultants that are responsible for setting CEO pay.

• April 19, 2011 - The AFL-CIO updated the Executive Paywatch website with new data showing that chief executive officers of the nation's largest companies got average pay of $11.4 million in 2010 – a 23 percent increase in one year.

• March 29, 2011 - The AFL-CIO released an updated list of 2011 Key Votes for the 2011 proxy season to be included in the Key Votes Survey.

• March 16, 2011 - AFL-CIO Policy Director Damon Silvers testified before Congress in opposition to repealing portions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

• March 2, 2011 - In a letter to the SEC, the AFL-CIO commented on the SEC's proposed mine safety disclosure requirements.

• February 23, 2011 - AFL-CIO President Richard Trumka issued a statement on Wall Street bonuses.

• February 4, 2011 - The AFL-CIO released its 2010 Key Votes Survey report on investment manager proxy voting.

• December 13, 2010 - AFL-CIO President Richard Trumka urged the SEC to require disclosure of CEO-to-worker pay ratios as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.