SEC Climate Disclosure Rules Case Frozen by Eighth Circuit (2)

A federal appeals court on Thursday suspended litigation challenging the SEC’s Biden-era corporate emissions reporting requirements after the agency under President Donald Trump abandoned its defense of the rules in March.

Democratic attorneys general from Massachusetts, New York, and more than a dozen other states, plus the District of Columbia, asked the US Court of Appeals for the Eighth Circuit to pause the litigation earlier this month, while the Securities and Exchange Commission decides if it should toss or amend the 2024 rules.

SEC lawyers didn’t disclose the agency’s plans when they told the court last month that they were ...