"SEC Climate Rule Sparks Legal Action and Global Policy Shifts"
TL;DR Summary
Senator Tim Scott plans to introduce a measure in the Senate to overturn the controversial Securities and Exchange Commission (SEC) climate rule, which mandates enhanced climate-related disclosures for public companies. The rule has faced legal challenges from both Republicans and Democrats, with critics accusing the SEC of federal overreach. Scott aims to use the Congressional Review Act to overturn the rule, garnering support from Republican lawmakers and even some Democrats, including Senator Joe Manchin. The future of the measure in the Democratic-led Senate remains uncertain.
- Tim Scott tries to overturn SEC climate rule Fox Business
- New SEC Climate Risk Disclosure Rule Highlights Legal Action, Accountability Forbes
- New rules and frameworks in global carbon policies Wood Mackenzie
- SEC moves to regulate the future of farming The Highland County Press
- SEC Climate Rules Create Unique Challenges For CRE Law360
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