Vanguard is one of the Big 3 (along with BlackRock and State Street) of the largest Big Asset Management firms.
Vanguard holds OVER $8.1 TRILLION in AUM (assets under management).
And though Vanguard clients are the true owners of those shares held by Vanguard, Vanguard maintains the voting rights (by proxy) of those shares.
In other words, they control the corporate assets they hold.
Worse, they use their clients money to maintain that control.
Hardly a "woke" or "ESG" shareholder, Vanguard's largest holdings include:
ExxonMobil
Chevron
McDonalds
ConocoPhillips
Philip Morris
National Oilwell
And more…..
(source = https://fintel.io/i/vanguard-group)
THIS IS LIKELY JUST MORE MORONIC DISTRACTION FROM THE WHOLLY-BOUGHT "REPUBLICANS" WHOM REFUSE TO ADMIT THE TRUTH ABOUT THE COVERT MONOPOLIES THAT HAVE BECOME CORPORATE AMERICA.
VANGUARD, BLACKROCK, STATE STREET, ET AL HAVE BECOME LIKE STANDARD OIL ON STEROIDS.
THEY HAVE BECOME THE LARGEST SHAREHOLDERS OF THE LARGEST "COMPETING"CORPORATIONS, IN MOST EVERY SINGLE INDUSTRY.
AS ACTIVE SHAREHOLDERS, THEY HAVE BEEN THE DRIVING FORCE BEHIND THE MASSIVE RISE IN INFLATION, AND THE STAGNATION IN WAGES, AS THEY SEEK GREATER PROFITS, AND CONTROL THE MARKETS BY LIMITING TRUE MARKET COMPETITION.
TRUE MARKET COMPETITION IS DEAD.
THERE ARE NO MORE FREE MARKETS IN THE U.S.
THIS "URGING" IS WHAT IS CALLED A DOG & PONY SHOW.
THESE "REPUBLICAN" AG'S CAN PRETEND THEY GIVE A SHIT ABOUT THE MASSIVE MONOPOLIZATION THAT CONTINUES IN THE U.S., WHILST NOT REALLY DOING ANYTHING (BUT SHIFTING BLAME/RESPONSIBILITY TO THE FERC).