Posted on 04/12/2022 9:01:11 AM PDT by rktman
A group of 40 House Republicans sent a letter to the Securities and Exchange Commission (SEC) Tuesday, urging the agency to rescind a regulatory proposal forcing companies to disclose “climate-related risks.”
The Republicans, led by House Oversight Subcommittee on Environment Ranking Member Ralph Norman and North Carolina Rep. Ted Budd, slammed the financial regulator, saying it exceeded its congressionally-mandated authority in issuing the climate rule, in the letter obtained exclusively by the Daily Caller News Foundation. The lawmakers added that the rule was especially inappropriate given the ongoing energy crisis.
“The SEC’s proposed climate rule is bad for business, bad for investors, and is nothing more than climate activism cloaked in additional red tape,” Norman told the DCNF. “It’s time for the Left to stop trying to shame companies into combatting climate change.”
(Excerpt) Read more at dailycaller.com ...
They wrote a very “stern” letter to the SEC.
Problem solved.
Where’s the link in the article to see the letter?
The list of who signed it?
The Beltway can just taste state run businesses and industry at this point. They are soooo giddy.
I have no idea. More info would have been nice.
The GOP will never defund/eliminate one Fed.gov regulatory/bureaucratic agency of significance whatsoever.
Additional Information:
The proposing release will be published on SEC.gov and in the Federal Register. The comment period will remain open for
30 days after publication in the Federal Register, or 60 days after the date of issuance and publication on sec.gov, whichever
period is longer.
https://www.sec.gov/files/33-11042-fact-sheet.pdf
See how many businesses reincorporate in the Cayman Islands
As usual, my Idaho congressmen are AWOL.
Here are the signatories:
Odd. Mine too.
ooooohhhhhhh!!!!!!!!
another letter!
a bunch of useless losers….
I know right.
I recently proxy voted for board members and shareholder initiatives for several stocks I own. Most had an initiative for disclosing to shareholders what the company’s carbon footprint is and the details of what these companies were doing to “fix climate change.”. Every company’s boards were “against” the disclosure. I voted no also. I did take particular delight in voting against Al Gore to on the board of Apple even though my vote was basically meaningless.
Daniel Webster is a friend of mine. Probably the most honest politician in America.
Like to see COngress, White House, Justice dept and CIA all be required to use 100% renewable energy by next year.
Bump
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