Help us improve in just 2 minutes—share your thoughts in our reader survey.

House Oversight Committee seeks documents from SEC over involvement in EU ESG regulations (2023)

From Ballotpedia
Jump to: navigation, search
ESG - Teal - D2.jpg
Environmental, social, and corporate governance
ESG Icon 200x200.png

What is ESG?
Enacted ESG legislation
Arguments for and against ESG
Opposition to ESG
Federal ESG rules
ESG legislation tracker
Economy and Society: Ballotpedia's weekly ESG newsletter
See also: Environmental, social, and corporate governance (ESG)

October 17, 2023

House Oversight Committee Chairman James Comer (R) sent a letter late last week to Securities and Exchanges Commission (SEC) Chairman Gary Gensler saying the committee would subpoena the commission if it did not comply with congressional document requests:

A top House Republican is threatening to subpoena the Securities and Exchange Commission for any documents about US involvement in crafting European Union environmental, social and governance regulations that GOP lawmakers say harm American businesses.

House Oversight Committee Chairman James Comer expressed concern to SEC Chairman Gary Gensler in a letter Thursday that the agency is trying to “stonewall” the Republican panel’s investigation into whether the US cooperated with the EU on its climate directives.

Republican lawmakers, including Comer and Tim Scott, the top Republican on the Senate Banking Committee, have charged EU policies to counter climate change harm US companies that do business in Europe.

Unless the SEC produces documents by Oct. 19, Comer warned, “I will consider other measures, including the use of the compulsory process, to gain compliance.”

Last month, House Financial Services Committee Chairman Patrick McHenry also threatened to subpoena the SEC over documents he asserted the agency has failed to produce.[1]

See also

External links

Footnotes

  1. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.