Critics, including GOP lawmakers @PatrickMcHenry, @RepFitzgerald, and entities like @FinancialCmte, have voiced strong opposition to the Securities and Exchange Commission's (SEC) climate disclosure rule, arguing it exceeds the agency's authority and improperly integrates climate policy into financial regulation. The rule, criticized by @RepFrankLucas for potentially impacting the entire economy and putting additional obstacles for companies intending to go public, has prompted discussions on the SEC's statutory role and its focus on climate policy without clear direction from Congress, as noted by @FinancialCmte and @GaryGensler. Amidst this controversy, the SEC, mentioned by @JDSupra and praised by @WSJ's @Lawhotsky, has decided to stay its own climate rule pending the outcome of litigation, a move that has been praised as a wise decision for federal agencies facing similar legal challenges. Additionally, @TheNLJ reports that GOP lawmakers seek to block the SEC's climate disclosure rule through legislation if not litigation.