WASHINGTON, DC—U.S. Representative John Rose (TN-6) continues to advocate for a reversal of a recently-proposed climate reporting rule from the Securities and Exchange Commission.
The full speech, as prepared for delivery, is below:
Madam Speaker, today I rise to bring attention to President Biden’s Securities and Exchange Commission’s proposed climate-change rule.
As Tennesseans suffer from the impacts of record-breaking inflation that have driven the cost of almost everything through the roof, President Biden and his SEC are trying to implement a regulation that will make it harder and more expensive to produce the food and fiber that feeds the world.
We saw just last week that inflation is showing no signs of slowing down. The climate-change rule proposed by the SEC will only make it worse, as the farmers and ranchers who work so hard to feed us will spend copious amounts of time, effort, and money to comply with this rule—if even possible.
The SEC has clearly overstepped its bounds as Congress has never given them the authority to regulate carbon emissions. If President Biden were serious about lower prices, he would immediately hit the brakes on this proposed rule.
You can watch the full speech here.
Original source can be found here.
