WASHINGTON, D.C. – Today, the Securities and Exchange Commission (SEC) finalized its climate disclosure rule, which will illegally elevate the SEC as a climate regulator across the American economy. This decision comes following a two-year period in which the SEC faced mounting pressure from businesses, taxpayers, consumers, farmers, and many other voices to withdraw this economically…
Investors and businesses are continuing to patiently twiddle their thumbs waiting for the Securities and Exchange Commission’s (SEC) climate disclosure rule to finally be released. SEC Chair Gary Gensler is not making the wait seem any shorter, as he continues to highlight the many obstacles facing the rule, often sending mixed messages. Earlier this month,…
WASHINGTON, D.C. – This week, the Securities and Exchange Commission (SEC) suffered a major cybersecurity breach of a social media account belonging to the agency. Following the breach, SEC Mission Creep – a project of the Taxpayers Protection Alliance Foundation (TPAF) – urged the agency to focus on its existing responsibilities to taxpayers and David…
As the new year begins, people often take the time to reflect on the past 12 months and rid themselves of certain things they do not wish to take with them into the New Year. However, one thing that will still be looming over the heads of investors and public companies is the Securities and…
As the countdown to the release of the Securities and Exchange Commission’s (SEC) proposed climate disclosure rule ticks away, lawmakers are re-upping their opposition of the rule. Last month, Sen. Joe Manchin (D-W.Va.) called on the agency to consider more public opinions and input before finalizing. Manchin, alongside Sen. Bill Hagerty (R-Tenn.), asked the SEC to…
October has come and gone, and the chances of seeing a final rendition of the Securities and Exchange Commission’s (SEC) proposed climate disclosure rule before the year’s end are rapidly diminishing. But the delay has not kept those closely awaiting news from sharing their views on the potential new rule. On October 25th, the U.S. Chamber…
The House Ways and Means Committee is holding a hearing tomorrow entitled Ensuring that “Woke” Doesn’t Leave Americans Broke: Protecting Seniors and Savers from ESG Activism. The hearing – as its name not too subtly suggests – will address the impact of environmental, social, and governance (ESG) considerations in investment decisions. The true issue arising…
Half way through October and still there is not a smidge of concrete intel from the Securities and Exchange Commission (SEC) as to when the public could see a final version of its proposed climate disclosure rule. For more than 18 months, investors and publicly traded companies have patiently waited to assess the future of their…
As the proposed October deadline approaches for the Securities and Exchange Commission’s (SEC) release of its final rendition of the climate disclosure rule, all heads are turning towards SEC Chairman Gary Gensler for the last ounce of insight they can get. Last week, in a Senate Banking Committee hearing, Chairman Gensler testified before the committee…
Over the last 18 months, the Securities and Exchange Commission (SEC) has managed to introduce their controversial climate disclosure rule, miss proposed deadlines, extend said deadlines, and form a wall between themselves and dishing out requested information by the federal government. Now, as the second proposed deadline to vote on the rule by October 31st…