After setbacks to its proxy advisor legal campaign, Texas is testing a different legal route with potentially far-reaching consequences for investors.

Seven months after President Trump ordered federal agencies to investigate proxy advisors, Texas lawmakers are demanding progress, signalling that a campaign stalled in the courts is shifting into the political arena.

A shareholder lawsuit alleging undisclosed political arrangements linked to President Donald Trump has opened a new front in the proposed US$111 billion Paramount–Warner Bros Discovery merger, shifting investor attention from antitrust approval to corporate governance and board accountability.

A US court has blocked anti-DEI conditions on federal grants in California and Oregon, marking a further legal setback for the Trump administration.

The Department of Labor's proposed 401(k) rule could change how fiduciaries consider ESG risks, vote on shareholder resolutions, and fulfil their duties under ERISA.