By Hickory Sun |
Apr 10, 2024
Republican Chairman Patrick McHenry expressed strong opposition to the Securities and Exchange Commission's (SEC) climate risk disclosure final rule during a hearing held by the House Financial Services Committee. McHenry criticized the rule, stating that it would have disastrous consequences for American markets, job creators, workers, and investors.McHenry emphasized that the final rule, as prepared for delivery, is costly, complex, and against the public good. He highlighted that the rule exceeds the SEC's authority and is a part of the Biden Administration's climate...