Published 13 days ago

GOP senators, Manchin challenge SEC climate disclosure rule

Sen. Tim Scott and key Democrat Sen. Joe Manchin led a resolution to overturn the SEC's climate disclosure rule, which was finalized in a 3-2 vote.
The SEC's rule mandates large companies to disclose greenhouse gas emissions affecting investments; it's currently paused due to legal challenges.
Republicans criticized the rule as overreach, with Scott stating the SEC should focus on capital markets, not a partisan climate agenda.

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The Hill

GOP senators, Manchin challenge SEC climate disclosure rule

Sen. Joe Manchin (D-W.Va.) joined a resolution from Sen. Tim Scott (R-S.C.) that aims to overturn a new rule on climate disclosures approved by the Securities and Exchange Commission (SEC) last month. Manchin, the chair of the Senate Energy and Natural Resources Committee, joined with 32 Republican senators to co-sponsor the resolution. The SEC finalized…

13 days ago·Washington, United States

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Washington Examiner

Manchin joins Tim Scott resolution to overturn new SEC climate disclosure rule

Sen. Tim Scott (R-SC) launched an effort Wednesday to overturn the Securities and Exchange Commission’s climate disclosure rule with the help of a key Democrat. Scott, who is the ranking

13 days ago·Washington, United States

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Fox Business

Tim Scott to introduce measure to overturn controversial SEC climate rule

FIRST ON FOX: Senate Banking Committee Ranking Member Tim Scott will introduce a measure in the upper chamber on Wednesday attempting to overturn a controversial Securities and Exchange Commission (SEC) climate rule that has drawn outrage from Republicans – and even some Democrats – FOX Business has learned. The rule, adopted last month by the SEC, requires public companies to "enhance and standardize climate-related disclosures" in an effort to…

13 days ago·United States

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