New rules may force hundreds of Nasdaq-listed companies to add diverse directors for the first time or explain why they haven't.
Fidelity International warned it will vote against management at companies that take insufficient action to combat climate change.
Only one major company went public last year with an all-male board, a sign that corporate America is yielding to calls to boost diversity.
For years Wall Street sprinkled money across U.S. politics to make and keep friends in Washington. Now, it's rethinking the consequences.