ORLANDO, FL, – Today, Texas State Senator Bryan Hughes received the Consumers’ Research Consumers Champion Award for his role as a pioneer in bipartisan state legislative action to protect consumers from unscrupulous corporations and their allies in the ESG movement.
Senator Hughes has not only led the charge to push back on the ESG and woke capitalism movement in Texas, but he has set a nationwide example by employing innovative means to investigate the behavior of ESG-aligned asset management firms like BlackRock, Inc., ISS, State Street and others. In so doing, he has paved the way for other states to begin protecting themselves from the ESG movement and the powerful alliance between financial institutions, shadowy international organizations, and the Biden administration.
“I’m truly honored to receive this award from an organization that has been advocating on behalf of consumers for more than a century,” said Hughes. “The fight we are engaged in to protect Texans from predatory business practices and the pernicious impacts of ESG is vital, and I’m grateful for my colleagues in the Texas Senate and House who’ve been courageous in seeking the truth and passing strong legislation that safeguards our economy and the great people of the state of Texas.”
Consumers’ Research applauds State Senator Hughes’ successful efforts to protect Texas consumers and pledges to double-down on its campaign to call out corporations like BlackRock for prioritizing the far-left’s political agenda over the well-being of their customers.
“I can think of few public servants more deserving of the Consumers’ Champion Award than Senator Hughes,” said Will Hild, Executive Director of Consumers’ Research. “His efforts have gone a long way in protecting Texas consumers from financial institutions who are more concerned with pushing a harmful leftist political agenda than serving their customers. ESG advocates like BlackRock’s Larry Fink have been set back on their heels, and this is thanks in no small part to the efforts of Senator Hughes and the Texas Senate in implementing serious consumer protection laws. Consumers can rest easy knowing that they have champions like Senator Hughes ready to fight on their behalf.
Senator Hughes directly took on massive international corporations and asset management firms like BlackRock, Inc. by leading a bipartisan investigation into their misuse of state pension assets and their failure to fulfill their fiduciary duty as stewards of the life savings of millions of Americans. In so doing, Senator Hughes utilized the Texas Senate’s subpoena power for the first time in over two decades.
Protecting the Consumer
Senator Hughes has provided strong leadership in the passage of a wide range of consumer protection legislation, making Texas one of the most consumer-friendly states in the entire nation. He led the passage of medical price transparency legislation that protects consumers from surprise billing. He worked to protect consumers from spoofing and other calling practices that use false caller identification information, to secure privacy rights related to DNA information and other biometric markers and data, to prohibit insurers from discriminating based on political affiliation or expression, and to increase penalties against gas pump credit card skimmers.
About Consumers’ Research
Founded in 1929, Consumers’ Research is an independent educational 501(c)(3) nonprofit organization. Its near-century old-mission is to increase the knowledge and understanding of issues, policies, products, and services of concern to consumers and to promote the freedom to act on that knowledge and understanding. Consumers’ Research frequently comments on the effects that laws, regulations, and government programs have on consumers. For more information visit: http://consumersresearch.org.