Republicans ask SEC about EU cooperation over ESG rules


♻️ Republicans ask SEC about EU cooperation over ESG rules.

Republican lawmakers Senator Tim Scott and Representative James Comer have expressed concerns about European Union (EU) environmental, social, and governance (ESG) measures gaining traction in the United States. They have written letters to the heads of the Treasury Department and the Securities and Exchange Commission (SEC) requesting details on coordination efforts with the EU regarding ESG regulations. The lawmakers argue that adopting an "EU-style climate regulatory regime" would harm sectors such as energy, agriculture, and finance in the US.

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