Congressman Flood Slams New SEC Climate Rule as “Environmentalist Dream”

WASHINGTON, D.C. – Today, U.S. Congressman Mike Flood issued a statement following the release of a final rule from the U.S. Securities and Exchange Commission (SEC) that would force private companies to comply with expansive new public disclosure regulations.

“President Biden’s SEC continues to weaponize federal rulemaking against private job creators,” said Congressman Flood. “This new regulation seeks to force job creators to disclose vast amounts of information long sought by activists. This isn’t about transparency – this is about an environmentalist dream to use the government to pressure companies to adopt anti-ag policies that will hurt consumers and middle America. This fight isn’t over. I will be supporting efforts to overturn the SEC’s draconian rule, so we can protect working Americans and our way of life.”

More information can be found about the rule here.