A group of more than 100 Republicans and two vulnerable House Democrats is pressing the SEC to change course on a proposed ESG reporting rule.
are signing the letter, including two swing-district Democrats in Reps. Elissa Slotkin, D-Mich., and Elaine Luria. D-Va.
According to the SEC, the proposed rule in question would "require registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition.
Rep. Elaine Luria, D-Va., during a town hall at New Hope Baptist Church in Virginia Beach, VA, on Thursday, October 3, 2019. "The time and energy put into complying with this new regulation will divert American farmers away from their primary goal of producing our nation’s food, fuel, and fiber" it continued.
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