Congressman Bryan Steil introduces legislation to enhance transparency and accountability in the proxy advisory industry.
Quiver AI Summary
Congressman Steil introduces new legislation: Congressman Bryan Steil (WI-01) has unveiled the "Protecting Americans’ Retirement Savings from Politics Act," aimed at regulating proxy advisory firms. The bill seeks to enhance transparency and eliminate conflicts of interest that, according to Steil, jeopardize the economic interests of retirees.
Key provisions of the Act: The legislation mandates that proxy advisory firms provide annual public reports on their voting actions, prohibits robo-voting, and requires asset managers to prioritize the interests of clients over political agendas. Congresswoman Ann Wagner (MO-02) is a cosponsor of the bill.
Background and concerns raised: The proxy advisory market is largely controlled by two firms, Glass Lewis and ISS, which hold a combined 97% market share. Steil argues these firms often influence institutional investors to act against shareholder interests, particularly in favor of politically driven initiatives.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
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Bryan Steil Fundraising
Bryan Steil recently disclosed $489.3K of fundraising in a Q4 FEC disclosure filed on January 28th, 2026. This was the 174th most from all Q4 reports we have seen this year. 56.7% came from individual donors.
Steil disclosed $184.0K of spending. This was the 403rd most from all Q4 reports we have seen from politicians so far this year.
Steil disclosed $4.9M of cash on hand at the end of the filing period. This was the 63rd most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Bryan Steil's fundraising on Quiver Quantitative.
Bryan Steil Net Worth
Quiver Quantitative estimates that Bryan Steil is worth $2.1M, as of April 15th, 2026. This is the 251st highest net worth in Congress, per our live estimates.
Steil has approximately $253.3K invested in publicly traded assets which Quiver is able to track live.
You can track Bryan Steil's net worth on Quiver Quantitative's politician page for Steil.
Bryan Steil Bill Proposals
Here are some bills which have recently been proposed by Bryan Steil:
- H.R.7300: Make Elections Great Again Act
- H.R.7008: Stop Insider Trading Act
- H.R.5924: Pay Our Capitol Police Act
- H.R.5891: Withhold Member Pay During Shutdowns Act
- H.R.5074: Protecting Young Minds Online Act
- H.R.4735: Business of Insurance Regulatory Reform Act of 2025
You can track bills proposed by Bryan Steil on Quiver Quantitative's politician page for Steil.
2026 Wisconsin's 1st Congressional District Election
There has been approximately $12,591,530 of spending in Wisconsin's 1st congressional district elections over the last two years, per our estimates.
Approximately $2,044,714 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- FAIRSHAKE ($1,528,412)
- HMP ($239,614)
- AMERICANS FOR PROSPERITY ACTION, INC. (AFP ACTION) DBA CVA ACTION AND DBA LIBRE ACTION ($123,200)
- VOCES DE LA FRONTERA ACTION ($31,069)
- WORKING AMERICA ($29,277)
The rating for this race is currently "Likely R".
You can track this election on our matchup page for the 2026 Wisconsin's 1st congressional district election.
