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Hill Policy
position · 2026

Let states set shareholder-proposal rules

Hagerty supports rescinding SEC Rule 14a-8, the federal rule governing shareholder proposals on corporate proxy ballots. He wants states to set their own rules for the proposal process and argues that this would let businesses focus more on creating value. He describes the federal rollback as a pending reform.

Context: Authored op-ed dated September 17, 2026, republished by his Senate office November 9. This does not establish a new post-election commitment.

In their own words

the SEC has worked toward rescinding Rule 14a-8

The source

Bill Hagerty: bring back state-led corporate governance ↗

Published: 9/17/2026
Retrieved: 11/11/2026