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April 10, 2024

SEC Climate Disclosure Rules: Congressional Hearing Today

The 8th Circuit isn’t the only front in the battle over the SEC’s climate disclosure rules. The House Financial Services Committee is holding a hearing this morning titled “Beyond Scope: How the SEC’s Climate Rule Threatens American Markets.” Here’s the Committee Memorandum on the hearing & here’s the witness lineup:

Mr. Elad Roisman, Partner, Cravath, Swaine & Moore LLP and former Commissioner and Acting Chairman of the U.S. Securities and Exchange Commission
Mr. Robert Stebbins, Partner, Willkie Farr & Gallagher LLP and former General Counsel of the U.S. Securities and Exchange Commission
Mr. Chris Wright, Chief Executive Officer of Liberty Energy
Mr. Joshua T. White, Assistant Professor of Finance, Owen Graduate School of Management, Vanderbilt University
Professor Jill E. Fisch, Saul A. Fox Distinguished Professor of Business Law, University of Pennsylvania Law School

In case you’re wondering why the Committee has scheduled this hearing, the fact that it has posted a discussion draft of legislation disapproving the rules under the Congressional Review Act on its website might provide a clue.

John Jenkins