Ernst Signals Support Amid GOP Shift on Trump Picks

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Source: POLITICO
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President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and critic of climate disclosure rules, to lead the SEC. Atkins opposes the SEC's climate-disclosure rule, which requires companies to report climate-related risks, arguing it burdens businesses. Environmental groups criticize his nomination, fearing it will undermine ESG investing efforts. Atkins, known for supporting cryptocurrency, would replace current SEC Chair Gary Gensler, who has been active in regulating the crypto industry and promoting climate disclosures.

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