Video & Transcript Research : 'fiduciary responsibility'
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OK
Oklahoma 2026 Regular Session
Retirement and Government Resources REVISED Apr 21st, 2026 at 10:30 am
Retirement and Government Resources
Transcript Highlights:
- And so, at OMES, we are responsible for creating accountability and compliance with the law and efficiency
- So I would absolutely be open to having discussions with anybody about the responsibilities of OMES and
- So how can he be on the board as a fiduciary and also be the whistleblower.
- But Not unimportant for me to address that you're looking at fiduciaries and proxies who will agree to
- Currently, these proxies And the members that are served on these investment boards are fiduciaries,
Bills:
HB1170
TX
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
TX
Transcript Highlights:
- while it's not exactly the same as other calls, it reflects our ongoing concerns about fiscal responsibility
- But I would suggest that Hamilton laid the responsibility on state legislatures to stop an overreaching
- Responsibility has not waned in 250 years, not one bit.
- Responsibility of state legislatures to protect their people from an overreaching federal government.
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
TX
Transcript Highlights:
- And so because of the responses we have received from some parties that did not wish to testify, Senator
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
Summary:
The Senate Committee on State Affairs was called to order and a roll call showed most members present, with one absent. The chair explained that the committee had arranged witnesses for a later meeting but had received responses from some parties declining to testify, prompting Senator Bettencourt to offer a written motion for subpoenas.
The motion authorized the committee chair, under Senate Rule 11.20, to issue subpoenas to BlackRock, State Street, or other financial services companies affecting Texas public pension investments, along with their subsidiaries, affiliates, officers, employees, agents, or representatives. The subpoenas would require testimony and production of records concerning investment practices, the impact on Texas public pension funds, and any investments intended to further political or social causes.
Members discussed the importance of obtaining testimony and the limited but necessary use of subpoena power. The committee then voted, with 10 ayes, no nays, and one absent, to adopt the motion. With no further business, the committee recessed until the call of the chair, planning to return after the local calendar.
TX
Transcript Highlights:
- Imagine that we have to tell fiduciaries to act in a fiduciary duty, but we do.
- responsibility to vote their shares.
- And the problem is if you don't, if asset managers have a fiduciary responsibility to their shareholders
- Senate Bill 312 is a vital step toward restoring fiduciary responsibility and financial common sense
- responsibility, and market neutrality.
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
Summary:
The committee heard Senate Bill 945, 946, 2044, 2819, 2403, 2337, and 312, with all bills left pending after testimony. SB 945 would restrict insurance companies from denying or limiting coverage based on oil and gas activity or ESG-related goals, and supporters argued it would protect Texas energy producers from politically motivated shareholder activism and insurance discrimination. SB 946 would bar creditors from using social credit, ESG, DEI, or religious/political affiliation as a basis for denying or limiting credit; witnesses said it would prevent viewpoint-based financial discrimination and protect access to capital for Texas businesses. SB 2337 would require proxy advisory firms to disclose when recommendations are based on non-financial factors or when they give conflicting advice to different clients; supporters said the measure would increase transparency and curb ESG-driven influence over shareholder voting. SB 312 would direct public retirement systems to focus on financial returns rather than social or political objectives, with the author saying the bill responds to activist pressure on pensions and would reinforce fiduciary duty.
The committee also took up election and ethics measures. SB 2044 would strengthen electioneering restrictions for publicly funded education institutions and personnel, prohibiting use of official resources to promote political agendas; testimony focused on alleged school district electioneering in bond and tax elections. SB 2819 would prohibit county elections administrators from holding certain officer positions appointed by elected officials, addressing potential conflicts of interest. SB 2403, the Texas Ethics Commission sunset bill, would restructure complaint handling with a three-tier violation system, risk-based complaint prioritization, longer response times, bipartisan preliminary review panels, and expanded hearing options; members discussed amendments aimed at dismissing minor complaints, clarifying categories, and adjusting lobbying and penalty provisions, but the amendments were withdrawn during committee consideration.
Across the ESG and finance bills, invited witnesses from the American Energy Institute, Heartland Impact, Consumers Research, ADF Action, Texas Civil Justice League, and related groups generally supported the measures, arguing that banks, insurers, proxy advisors, and asset managers have used ESG or reputational-risk standards to discriminate against energy, agriculture, firearms, and religious organizations. No opposition testimony was presented in the excerpt, and the committee closed public testimony on each bill and left them pending.
TX
Transcript Highlights:
- But I would suggest that Hamilton laid the responsibility on state legislatures to stop an overreaching
- That... ...responsibility has not waned in 250 years, not one bit.
- The responsibility of state legislatures is to protect their people from an overreaching federal government
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
TX
Transcript Highlights:
- Those managers have a fiduciary responsibility to vote their shares; they could basically offload that
- The problem is, if asset managers have a fiduciary responsibility to their shareholders to vote...
- But then they're able to offload it to companies that don't have the same fiduciary responsibility, or
- responsibility.
- Senate Bill 312 is a vital step toward restoring fiduciary responsibility and financial common sense
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
TX
Transcript Highlights:
- So because of the responses we have received from some. Parties that did not wish to testify.
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
US
US Federal 2025-2026 Regular Session
Business meeting to consider an original resolution authorizing expenditures by the committee during the 119th Congress; to be immediately followed by a hearing to examine eliminating waste by the foreign aid bureaucracy. Feb 13th, 2025 at 09:00 am
Homeland Security and Governmental Affairs Committee
Transcript Highlights:
- Taking the path to fiscal responsibility is often a lonely journey, but thanks to Elon Musk and Doge,
- And I hope that going forward, this committee will work to defend Congress's role and responsibilities
- In response, critics have charged that these moves jeopardize humanitarian efforts across the globe.
- We've seen how, for instance, when it was our help with the response to the earthquake in Turkey, with
- Chair, I ask unanimous consent to enter my oversight letters and USAID's responses into the record.
Keywords:
fiscal responsibility, government waste, foreign aid, funding resolution, legislative oversight
Summary:
The committee meeting addressed government spending and foreign aid, with a particular emphasis on perceived wasteful expenditures. A significant portion of the meeting was dedicated to discussing a funding resolution for the committee, which received unanimous support from the members present. The chair noted a quorum at the beginning of the meeting, signaling that the committee was ready to conduct its business. Discussions highlighted ongoing debates concerning fiscal responsibility and the necessity of legislative oversight, notably regarding foreign aid allocations and their implications for domestic fiscal health.
MN
Minnesota 2025 1st Special Session
House Judiciary Finance and Civil Law Committee 2/25/25
Judiciary Finance and Civil Law
Transcript Highlights:
- You have a trustee who's a fiduciary, holding assets for the benefit of the beneficiary.
- <00:19:27.080>
relationship <00:19:27.720>you you have a fiduciary relationship you - you have a fiduciary relationship you have<00:19:27.960>
a <00:19:28.080>trustee <00:19 - a trustee who's a fiduciary um have a trustee who's a fiduciary um holding<00:19:30.679>
assets - who can do things like fiduciary who can do things like Investments<00:32:37.559>
make <00:32: - who can do things like fiduciary who can do things like Investments<00:32:37.559>
Keywords:
corporate governance, shareholder rights, beneficial ownership, defective corporate acts, Minnesota Business Corporation Act, trusts, Uniform Trust Code, probate, estate planning, trust protector, directed trust, investment trust advisor, distribution trust advisor, excluded fiduciary, decanting, power of appointment, revocable trust, irrevocable trust, uneconomic trust, rule against perpetuities
US
US Federal 2025-2026 Regular Session
Hearings to examine S.124, to amend title 38, United States Code, to provide for disciplinary procedures for supervisors and managers at the Department of Veterans Affairs and to modify the procedures of personnel actions against employees of the Dep Mar 11th, 2025 at 09:30 am
Senate Veterans' Affairs
Transcript Highlights:
- Kevin Friel, Executive Director, Pension Fiduciary.
- And that we are, that we have responsibility for.
- We've received no response. Senator, absolutely.
- Canceling them illegally and I find that response unacceptable. Senator Tubbs is back.
- As of this morning, I think we received 4,200, approximately, responses with a response rate of 60% said
Keywords:
Department of Veterans Affairs, disciplinary procedures, accountability, personnel actions, whistleblower protection, cancer, military, aircrew, veterans, health study, toxins, morbidity, mortality, service members, mental health, community care, accessibility, treatment programs, substance abuse, appointments
Summary:
During the meeting, various members engaged in extensive discussions surrounding 15 proposed bills related to veterans' affairs. Notably, concerns regarding recent VA workforce changes sparked debates, particularly about potential cuts and their implications for veterans' care and benefits. Chairman Moran emphasized the need for thoughtful reforms and coordination with stakeholders, urging responsible measures to prevent negatively impacting service delivery. The meeting highlighted a significant bipartisan effort to enhance veterans' access to essential health services, particularly in light of recent challenges faced by the VA workforce. Senator Blumenthal's assertions about the urgent plight of veterans due to cuts in personnel drew strong reactions, showcasing the deep concern among committee members regarding the current state of veteran services.
TX
Transcript Highlights:
- It's about responsibility and doing all we can to ensure that students are on a path to a successful
- It's our responsibility to ensure that no child is ignored.
- This bill gives schools the necessary authority to intervene and ensures parents take responsibility.
- Right now, the superintendents or principals have the responsibility, and that's where the shift is to
MN
Minnesota 2025-2026 Regular Session
House Agriculture Finance and Policy Committee 2/24/25
Agriculture Finance and Policy
Transcript Highlights:
- <00:52:48.680>
so <00:52:48.880>it's statutory responsibilities so it's statutory responsibilities - However, the overwhelming response was, this is how it is.
- <01:10:51.040>
was however the overwhelming response was however the overwhelming response - Do we need to be held accountable for our financial responsibilities? Absolutely.
- responsibilities responsibilities absolutely<01:13:58.719>
but <01:13:58.840>it <01:13:
Bills:
HF1063
Keywords:
grain buyers, grain dealer, grain elevator, agriculture, financial reporting, audit, CPA review, independent accountant, financial statement, balance sheet, cash flow, nonpublic data, licensee oversight, Minnesota Department of Agriculture, grain purchase volume, insolvency, nonpayment, warehouse chain, fiduciary duties, producer protection
HI
Hawaii 2026 Regular Session
EEP Public Hearing - Tue Feb 3, 2026 @ 9:30 AM HST
Energy & Environmental Protection
Transcript Highlights:
- um, you know, we call palo money, and the crumbs can play a crucial role in the environmentally responsible
- um, you know, we call palo money, and the crumbs can play a crucial role in the environmentally responsible
- um, you know, we call palo money, and the crumbs can play a crucial role in the environmentally responsible
Keywords:
mattress recycling, waste management, producer responsibility, environmental health, steafardship program, electronic cigarettes, disposable devices, environmental protection, plastic pollution, lithium batteries, pollution control, public health, deposit beverage container, bottle bill, container deposit law, container redemption, recycling refund, extended producer responsibility, EPR, deposit return system
Summary:
The committee heard testimony on several measures related to waste, recycling, and environmental review. On HB 1924, which would establish a mattress stewardship program, the Department of Health said it stood on written testimony and offered comments, while Hawaii Reef and Ocean Coalition and one individual supported the bill and the International Sleep Products Association opposed it. No questions were raised and the committee moved on.
A large portion of the hearing focused on HB 2121, which would prohibit the sale of disposable vapes in Hawaii. The Department of Health supported the measure but suggested the bill may be better placed in a different part of state law because the cited waste-management section regulates products after consumption, while still praising the effort to remove disposable vapes from the market and environment. Testimony in strong support came from the Coalition for Tobacco Free Hawaii Youth Council, Hawaii Public Health Institute, Hawaii COPD Coalition, Hawaii Health and Harm Reduction Center, the City and County of Honolulu, and many individuals; supporters emphasized youth vaping, toxic waste, lithium battery fire risks, and environmental harm. There was at least one opposing individual and the International Sleep Products Association was listed in opposition. The committee noted there were many written testimonies and no immediate vote was taken.
The committee also heard HB 1928 on the deposit beverage container recycling program. The Department of Health stood on written testimony. The Solid Waste Task Force of Hawaii Environmental Change Agents and Upstream supported the bill but urged amendments to better integrate reuse and reusables, strengthen enforcement, clarify definitions, and protect existing redemption centers. The Hawaii Food Industry Association supported the concept of a backdrop program but preferred strengthening the existing program and raised concerns about undefined fees, existing infrastructure, and future audit costs. The Chamber of Commerce Hawaii supported the bill, and the chair said the measure needs work and that decision-making would occur in a few days.
Finally, the committee took up HB 979 on environmental review and HB 1650 on environmental assessments. For HB 979, OPSD offered amendments, HCDA supported the bill but suggested clarifying the affordable-housing definition, Kauai Island Utility Cooperative supported it, and Earthjustice was asked about the court process for environmental challenges; the chair asked about shortening the challenge period and the relationship between environmental court, the intermediate court of appeals, and the Supreme Court. For HB 1650, OPSD and the State Historic Preservation Division stood on written testimony, OHA asked to retain historic sites, and several groups and individuals testified in support or opposition. Opponents argued that removing Wiki special district and historic sites from Chapter 343 trigger language would weaken environmental review and risk impacts to iwi kūpuna and historic resources.
TX
Transcript Highlights:
- Texas is one of only three states that treats 17-year-olds as adults for criminal responsibility.
- Because they cannot provide housing, but then at the same time, with their responsibility of rehousing
- I have thousands of cases that I am responsible for, oftentimes involving a 17-year-old.
- House Bill 2234, as you know, addresses the age of criminal responsibility.
- Their response mirrored that same aggression, throwing my laptop and dragging me by my literal ear to
Keywords:
housing, affordable housing, state regulations, zoning, local government authority, drug court, juvenile justice, diversion programs, rehabilitation, criminal justice reform, remote proceedings, depositions, virtual hearings, court technology, criminal responsibility, age of maturity, expungement, mental health services, juvenile record sealing, 1184
TX
Transcript Highlights:
- probation departments, are having to travel a significant amount of time while often being the agency responsible
- without facilities, are having to travel a significant amount of time while often being the agency responsible
- Representative Louderback, in response to your question, I'm not aware that the judges have taken a position
Keywords:
housing, affordable housing, state regulations, zoning, local government authority, drug court, juvenile justice, diversion programs, rehabilitation, criminal justice reform, remote proceedings, depositions, virtual hearings, court technology, criminal responsibility, age of maturity, expungement, mental health services, juvenile record sealing, 1184
NH
New Hampshire 2026 Regular Session
Committee to Study Extended Producer Responsibility (10/16/23)
Keywords:
NH House of Representatives Committee Streaming, https://www.youtube.com/watch?v=en1FT41qJHA, 2026-07-02T03:39:48+00:00, 2.2.24, Data collected via generic collector engine, Committee to Study Extended Producer Responsibility in order to provide relief to the cost of municipalities in solid waste disposal, 928, house, all, 2.2.42, 2.1.47
NH
New Hampshire 2026 Regular Session
Committee to Study Extended Producer Responsibility (09/18/23)
Keywords:
NH House of Representatives Committee Streaming, https://www.youtube.com/watch?v=bh9csDIvafo, 2026-07-02T03:39:47+00:00, 2.2.24, Data collected via generic collector engine, Committee to Study Extended Producer Responsibility in order to provide relief to the cost of municipalities in solid waste disposal, 928, house, all, 2.2.42, 2.1.47
DE
Delaware 2025-2026 Regular Session
House Natural Resources & Energy Committee Meeting Jun 24th, 2026
Natural Resources & Energy
Transcript Highlights:
- Once there is a storm and response is needed, that is not affected by the cap.
- also not affected, because the cap is trying to target non-mandatory capital spending, not storm response
- So what's the response?
- So what's the response?
- The goal was to help us build a real company, not just to do jobs, but to do them safely and responsibly
Bills:
SB287
Keywords:
solid waste, recycling, universal recycling, single-stream recycling, multifamily housing, apartment recycling, commercial recycling, waste diversion, recycling grants, low-interest loans, Delaware Recycling Fund, Delaware Solid Waste Authority, DNREC, waste hauler, curbside recycling, yard waste, source-separated recycling, pay-as-you-throw, extended producer responsibility, waste bans
Summary:
The House Natural Resources and Energy Committee met and considered three Senate bills. SB 287 with Senate Amendment 2, a DNREC cleanup bill on recycling, would tighten recycling collection rules for haulers and commercial generators, require multifamily recycling education, repurpose the Delaware Recycling Fund, and add annual reporting; after brief questions and no public comment, the committee motion to release did not initially receive enough votes, so the bill was circulated for signatures. SB 346, which would speed Environmental Appeals Board hearing and decision timelines so DNREC secretary decisions become final if deadlines are missed, drew support from the Nature Conservancy and also failed to get enough votes at the meeting, so it too was circulated for signatures. The committee then took up SB 326, a major utility-regulation bill sponsored by Senator Hanson and Representative Heffernan that would cap certain non-mandatory utility spending, limit interim rates, increase oversight and transparency, and streamline rate-setting.
SB 326 generated extensive testimony and debate. Supporters, including the Public Advocate, Sierra Club, PSC staff, and some legislators, argued that Delmarva Power’s spending on non-mandatory infrastructure has risen far faster than inflation, that the company is a regulated monopoly, and that the bill would help restrain future delivery-rate increases without harming reliability because mandatory reliability, storm response, and vegetation management spending would remain allowed. Opponents, including Delmarva Power, business groups, contractors, labor representatives, and the Delaware Contractors Association, argued the cap would delay needed reliability and capacity projects, hurt economic development, reduce jobs, and interfere with utility planning; they also said supply costs, not distribution spending, are the main driver of recent bill increases. After public comment and additional questioning, the committee voted to release SB 326 on a split roll call, but because several members were absent the bill was also walked for additional signatures. The committee then adjourned.
OK
Oklahoma 2026 Regular Session
Retirement and Government Resources Apr 14th, 2026 at 10:30 am
Retirement and Government Resources
Transcript Highlights:
- Vice Chairman, so this bill proposes to emphasize the pecuniary responsibilities when taking care of
- So my understanding is, as written, nothing in this bill would overshadow fiduciary duties, right?
- Yes, I am carrying another bill that deals more specifically with just fiduciary duty.
- But this has to do with proxies and the responsibility for making sure that we vote those or receive
Keywords:
government reporting, information technology, child welfare, environmental policy, state agency compliance, employment restrictions, state officers, prohibited acts, government contracts, public service, public finance, pension, pension fund, retirement system, board of trustees, proxy voting, proxy proposal, shareholder vote, shareholder activism, fiduciary duty