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The Biden Administration's moves to save consumers $20 billion annually through actions like capping credit card late fees have sparked political debate. Republicans are opposing these measures, claiming they harm consumers' access to credit. Efforts to nullify rules by the SEC and CFPB related to climate disclosures and late fees are underway, with bipartisan support for overturning these regulations.
#MustRead: Committee witness Chris Wright takes the @SECGov's disastrous climate rule to task in his @NRO op-ed: "The SEC’s rule will not only impose severe compliance costs on companies but encourage investors to divest from a critical sector." 📖👇 https://t.co/6i3YWniRuz
Senate Republicans introduce resolution that targets SEC’s controversial climate-disclosure rules The resolution will be introduced under the Congressional Review Act, which allows Congress to block finalized federal regulations. Read more ⬇️ https://t.co/fSjkBthwIB
The @SECGov should not be pushing @POTUS' radical climate agenda. Hardworking small business owners in Wyoming can’t afford to waste time and resources on fulfilling burdensome and unnecessary Washington requirements. https://t.co/S6YgEQX5lr
