The statement says Chairman Senator Tim Scott has long opposed the U.S. Securities and Exchange Commission (U.S. markets regulator) climate disclosure rule and supports SEC Chair Paul Atkins in rescinding it.
A statement says Chairman Senator Tim Scott supports SEC Chair Paul Atkins in reversing the U.S. Securities and Exchange Commission (U.S. markets regulator) climate disclosure rule. According to the post, Tim Scott has opposed the rule over time and argues the SEC should concentrate on its core mission rather than pursue what he described as a climate agenda through corporate disclosure requirements. The source does not provide further details on the rescission process, timing, or market impact.