Legal experts indicate that while the Trump administration is expected to adopt a hands-off approach to climate-related disclosures, existing state and international ESG (Environmental, Social, and Governance) laws may compel the private sector to maintain compliance. This perspective arises amidst anticipations of significant shifts in regulatory practices under the new administration, particularly in areas such as national security and lobbying. Additionally, the securities industry is preparing for a more business-friendly environment under the Securities and Exchange Commission (SEC) as part of Trump's regulatory agenda, which is expected to take effect in the coming year.