Republican senators press Biden's SEC to withdraw proposed climate disclosure rule

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Republican senators press Biden's SEC to withdraw proposed climate disclosure rule
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The senators say President Biden's proposed climate disclosure rule is an attempt to skirt around Congress.

Wall Street Journal columnist gives her take on the president's energy policy on 'Kudlow.'

More than a dozen Republican senators filed a letter Tuesday calling on President Biden's Securities and Exchange Commission withdraw a proposed climate rule.would require publicly traded companies to produce reports on their climate risks, including their greenhouse gas emissions. The Republican senators, led by North Dakota Sen.

President Biden during a meeting on the Build Back Better World in Glasgow, Scotland, on Nov. 2, 2021. for months, along with much of the rest of his domestic agenda. His central climate goal was to reduce U.S. carbon emissions by 50% by 2030. Republican senators have opposed Biden's climate agenda since he took office, but their effort has gained renewed vigor in the wake of Russian President Vladimir Putin's invasion of Ukraine.Western sanctions against Russia have resulted in soaring gas prices in the U.S., the worst scenario for Biden to be pushing his climate agenda of cutting fossil fuels, Republicans say.

The SEC proposed the rule change on March 21, and it will go into effect following a 60-day public comment period if not withdrawn.

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