Key Legislative and Nominee Decisions Shape December on Capitol Hill

President-elect Donald Trump has nominated Paul Atkins, a critic of the SEC's climate disclosure rule, to lead the Securities and Exchange Commission. Atkins, known for his support of cryptocurrency and opposition to ESG investing, has argued that the climate disclosure rule burdens companies and is unnecessary. Environmental groups have criticized his nomination, fearing it would undermine efforts to promote responsible investing. Atkins would replace Gary Gensler, who has been a proponent of the climate disclosure rule and is set to step down on Inauguration Day.