The Securities and Exchange Commission (SEC) has voluntarily stayed its climate disclosure rule amid legal challenges and pending litigation, sparking significant backlash. Critics, including political figures and committees, accuse the SEC and Chair @GaryGensler of overstepping its jurisdiction by enforcing climate policy through financial regulation, a move seen as regulatory overreach. The controversy highlights accusations of the SEC ignoring its three-part statutory mission, with the rule described as 'fatally flawed'. The debate centers around the SEC's role, with opponents arguing it should not include climate policy as per #securitiesexchange, #climatedisclosure, and #environmentallaw discussions led by figures like @RepAndyBarr and noted by @MiriamRoure.