The Biden administration issued new environmental rules in the past month to require climate-related disclosures by certain public companies and to establish air pollution emissions guidelines. The Securities and Exchange Commission (SEC) announced on March 6, 2024, that it had adopted a final rule aimed at establishing standards for climate-related disclosures by certain public companies.…
House Republicans again pushed back on the Biden administration’s rule allowing ESG considerations in investments governed by the Employee Retirement Income Security Act of 1974 (ERISA). The House Ways and Means Committee held a hearing on the matter on November 7. The Republicans on the committee released a statement after the hearing arguing that, in…
President Joe Biden (D) issued two executive orders in September, bringing his total number to 123. The two orders he issued in September were: Biden issued 25 executive orders in January 2021, more than any other month of his presidency. He did not issue any executive orders in November 2022 and January 2023. Biden is…
In September 2023, the White House Office of Information and Regulatory Affairs (OIRA) reviewed 53 significant regulatory actions issued by federal agencies. OIRA approved two of these rules with no changes and approved the intent of 48 rules while recommending changes to their content. Three rules were subject to a statutory or judicial deadline. OIRA…