Fighting the corporate deep state

President Donald Trump won in 2024 on a rejection of the Biden administration’s injection of left-wing ideologies into the federal government. Voters cast aside DEI requirements, transgender insanity, and more in a decisive win across the country. And over the past year, the Trump administration has acted on his mandate from the voters, going to war with the deep state.

However, there is a second entity – which could be called a corporate deep state or “Woke Capital” – which has resisted change. It is this group, not the federal government, that coerces stores and corporations to go all-out each year for ideological signals like Pride Month and encourages places of business like Target to advertise LGBT-themed books and clothing for children. The problem is partially within each corporation, but pressures toward wokeism have also been systematically embedded in the infrastructure of our financial system. This includes powerful forces that misuse shareholder voting to force publicly-traded companies to adopt the left’s Diversity, Equity and Inclusion (DEI) and Environmental, Social and Governance (ESG) pet priorities.

The Trump administration’s pushback against Woke Capital started strong, delivering a solid punch to proxy advisory firms like Glass, Lewis & Co,. LLC, and Institutional Shareholder Services, Inc., which have pushed politically biased “advice” to shareholders who often take their voting recommendations at face value. Trump’s pushback came in the form of an executive order last December, empowering the SEC to crack down on its activities.

Read more in Human Events.