Alexandra Thornton

Senior Director, Financial Regulation

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Alexandra Thornton is the senior director of financial regulation for Inclusive Economy at American Progress.

Before joining American Progress, Thornton was the executive vice president for policy, planning, and business affairs at the Jane Goodall Institute, where she advised the founder on international conservation issues and functioned as the institute’s general counsel. Previously, she was the executive director of a tax and economic policy nonprofit that focused on environmental taxation issues.

Thornton moved to the nonprofit world after spending nearly a decade as tax policy adviser to a U.S. senator who served on the Senate Finance Committee. In that position, she successfully shepherded the senator’s legislative initiatives through nine major tax and budget bills and also provided counsel on trade, banking, and securities issues.

Thornton began her career as a litigator practicing in Washington, D.C. She earned a J.D. from the University of Virginia School of Law and a bachelor’s degree in business administration from the College of William and Mary.

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Hearing on SEC Overreach: Examining the Need for Reform In the News

Hearing on SEC Overreach: Examining the Need for Reform

Alexandra Thornton testified before the the U.S. House Financial Services Committee Subcommittee on Capital Markets to discuss institutional reforms of the U.S. Securities and Exchange Commission.

the U.S. House Financial Services Committee Subcommittee on Capital Markets.

Alexandra Thornton

What Will Be in the Final SEC Climate Disclosure Rule? Article

What Will Be in the Final SEC Climate Disclosure Rule?

The U.S. Securities and Exchange Commission’s March 2022 climate disclosure proposal provides a roadmap for its upcoming final rule requiring public companies to disclose climate-related information that will help investors make sound investment decisions.

Alexandra Thornton

CFPB v. CFSA: How the Supreme Court Could Harm Consumers and Financial Markets Report

CFPB v. CFSA: How the Supreme Court Could Harm Consumers and Financial Markets

The U.S. Supreme Court is considering a case challenging the autonomy of the single most important agency for the protection of consumers in the financial markets—and its decision could spread uncertainty and harm far beyond the agency.

CAP’s Comments on Proposed Amendments to Auditing Standards Related to a Company’s Noncompliance With Laws and Regulations Sign-On Letter

CAP’s Comments on Proposed Amendments to Auditing Standards Related to a Company’s Noncompliance With Laws and Regulations

The Center for American Progress submitted comments to the Public Company Accounting Oversight Board supporting critical updates and enhancements to auditing standards aimed at helping investors avoid misplacing their trust in companies that are not complying with laws and regulations.

Alexandra Thornton

How Exemptions From Securities Laws Put Investors and the Economy at Risk Report
The U.S. Securities and Exchange Commission seal hangs on the facade of its building.

How Exemptions From Securities Laws Put Investors and the Economy at Risk

Congress and the SEC should roll back public registration and reporting exemptions that undermine the basic bargain of the securities laws; companies seeking to raise capital from the public must first disclose reliable information about their operations, finances, and governance.

Tyler Gellasch, Alexandra Thornton, Crystal Weise

The Proposed Federal Acquisition Regulation Rule on Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk Article

The Proposed Federal Acquisition Regulation Rule on Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk

Federal contractors’ disclosure of climate-related financial risks and greenhouse gas emissions data should be fully integrated into the Federal Acquisition Regulation, and the recent proposal to do so is a strong step in the right direction.

Alexandra Thornton

CAP’s Comment on the SEC Proposed Rule on Disclosures by Certain Investment Advisers and Companies About ESG Investment Practices Article

CAP’s Comment on the SEC Proposed Rule on Disclosures by Certain Investment Advisers and Companies About ESG Investment Practices

The Center for American Progress submitted a comment letter to the Securities and Exchange Commission regarding the commission’s proposed rule on enhanced disclosures by certain investment advisers and investment companies about ESG investment practices.

Alexandra Thornton

How To Make Corporate Boards More Diverse Report
NEW YORK, NY - NOVEMBER 01: Businessmen and shoppers walk along Madison Avenue, one of Manhattan's premier shopping and residential streets on November 1, 2011 in New York City. According to a new Census Bureau report, income inequality is greater in New York State and in the New York City region than in any other state or metropolitan area in the country. The report found that in three Manhattan neighborhoods, the Upper East and West Sides and Greenwich Village, the top 5 percent of households make an average of over $1 million. Inequality in America has become a campaign issue following the rise of the Occupy Wall Street movement and the continued high nationwide unemployment rate.  (Photo by Spencer Platt/Getty Images)

How To Make Corporate Boards More Diverse

Race and gender diversity on corporate boards is unacceptably low, but better corporate practices and SEC engagement could help accelerate progress toward more diversity, equity, and inclusion.

Alexandra Thornton, Anjunae Chandran

It’s Time for a Workforce Disclosure Reset Report
Workers at a furniture manufacturer sew personal protective equipment (PPE) on March 30, 2020, in Illinois. (Getty/Scott Olson)

It’s Time for a Workforce Disclosure Reset

The current moment demands that the SEC add specific human capital metrics to its current disclosure regime to provide investors, other market participants, and the public reliable, consistent, and comparable information about companies’ management of their workers.

Alexandra Thornton, Caius Z. Willingham

The SEC Has Broad Authority To Require Climate and Other ESG Disclosures Report

The SEC Has Broad Authority To Require Climate and Other ESG Disclosures

Increasing demand for companies to provide enhanced disclosures on climate-related and other environmental, social, and governance matters has raised questions about the Securities and Exchange Commission’s authority to require disclosures. That authority is broad and not limited to materiality.

The SEC’s Time To Act Report
A flag flies outside of the U.S. Securities and Exchange Commission building in Washington, D.C., July 2020.

The SEC’s Time To Act

The U.S. Securities and Exchange Commission should begin using its authority to mandate climate-related disclosures in order to address climate-related risks to investors, the economy, and the public.

Alexandra Thornton, Andy Green

Modernizing the Social Contract With Investment Fiduciaries Report

Modernizing the Social Contract With Investment Fiduciaries

To help build a new social contract among companies, investors, workers, and society, regulators should modernize the fiduciary rules governing investment advisers and retirement plan fiduciaries to ensure that they disclose how they handle environmental, social, and governance considerations.

Why All Workers Should Be Able To Deduct Union Dues Report
Leadership shake hands during union contract negotiations in Detroit, July 2015. (Leadership shake hands during union contract negotiations in Detroit, July 2015.)

Why All Workers Should Be Able To Deduct Union Dues

In order to increase tax fairness for workers, the federal government should immediately restore the tax deduction for union dues and make it available for all workers who support their unions, not just those who itemize.

Alexandra Thornton

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