A Dodd-Frank requirement to report the pay ratio between a company’s leadership and its rank and file—specifically, the total earnings of the chief executive compared with those of the median employee—is on the chopping block.

Supporters of the rule, part of the post-financial crisis Dodd-Frank Act, hope disclosure at an individual-company level might focus more attention on inequality and sky-high CEO pay.

This sort of pay ratio metric may well have value to a company’s investors, but it has no value at all to the Federal government beyond a cynical social-justice virtue signal kind of mandate from the Progressive-Democrats.  The requirement needs to be chopped (along with the whole of Dodd-Frank, but that’s a different story).

If investors find value in this, they can push the company of interest to publish the ratio on their own; government should not be involved.