Amplifying Hill Concern, GOP Floats CRA Challenge To SEC Climate Rule

House Republicans are floating a Congressional Review Act (CRA) challenge to the Securities and Exchange Commission’s (SEC) climate-related disclosure rule, with the measure serving as a vehicle for lawmakers to express opposition to the rule even as it faces litigation from states and various industry groups. “The commission’s stay of the rule is not enough,” said House Financial Services Committee Chairman Patrick McHenry (R-NC) during an April 10 hearing on the SEC rule, referring to the agency’s decision to stay...