‘It’s Nonsensical’: GOP-Led House Panel Grills SEC Chair on Climate Change Rules

Securities and Exchange Commission (SEC) Chair Gary Gensler listens during a meeting at the U.S. Treasury Department in Washington on Oct. 3, 2022. Anna Moneymaker/Getty Images

During an April 18 hearing by the House Financial Services Committee, Rep. Patrick McHenry (R-N.C.) and other committee members criticized Securities and Exchange Commission (SEC) Chair Gary Gensler for his “rushed” approach to rulemaking.

Gensler’s policies around climate-related disclosures came under hot water, with McHenry accusing the SEC chair of “endangering American competitiveness.”