Manchin Joins GOP Opposition to SEC Climate Disclosure Plan (1)

April 4, 2022, 5:37 PM UTC

Senator Joe Manchin is calling on the Securities and Exchange Commission to reconsider a plan to require companies to disclose information about their greenhouse gas pollution.

Manchin said the SEC proposal appears to politicize the agency’s rulemaking process and would be overly burdensome, according to a letter Monday to Chair Gary Gensler. The Democrat from coal-rich West Virginia, who supports an expansion of oil and gas drilling and is a key swing vote in the evenly divided Senate, joins Republican lawmakers and business groups in opposing the rule.

The SEC announced the plan last month, which would require businesses ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.