The Chairman of the House Financial Services Committee, Patrick McHenry, has announced a upcoming hearing titled "Beyond Scope: How the SEC’s Climate Rule Threatens American Markets." The hearing is scheduled to take place on Wednesday, April 10, 2024, at 10:00 AM ET in the 2128 Rayburn House Office Building.
According to the announcement, the hearing will delve into the potential impact of the SEC's Climate Rule on American markets. Additional details about the hearing, such as the livestream link, committee memo, relevant legislation, and witness list, can be found on the committee's website and will be updated as the hearing date approaches.
The focus of the hearing reflects growing concerns within the financial services sector regarding the implications of climate-related regulations on the stability and competitiveness of American markets. Stakeholders from various sectors are expected to participate in the hearing to provide insights and perspectives on this critical issue.