Hoffa Speaks Out On Corporate Governance Issues
From the General President's Desk
The International Brotherhood of Teamsters pension and health and welfare trusts hold over $70 billion in assets. Trustees of these funds have a responsibility to monitor and act in the interest of advancing sound corporate governance and policies that build long-term value. It is therefore our responsibility to ensure that both the government and regulators are listening to our concerns. President James P. Hoffa has written the following letters to the New York Stock Exchange (NYSE), NASDAQ, Financial Accounting Standards Board (FASB) and Securities and Exchange Commission (SEC) expressing the union’s interest in improving investor confidence and market stability by introducing real and substantive reforms to our nation’s free markets.
