Political Quotes

“Mr. Chair, I rise in support of my amendment to prohibit funds from being used by the SEC to regulate or require the disclosure of data regarding agricultural emissions. Mr. Chairman, the SEC under Chair Gensler has been marked by a radical and tyrannical enforcement agenda that stretches the bounds of the SEC's jurisdiction and buries hardworking men and women in bureaucratic busywork. Look no further than the SEC's climate-related disclosure rule, which would require public companies to disclose the emissions data of their supply chains. For food companies and agribusinesses that rely on farmers and ranchers, that means collecting emissions data at the farm level. Let me be clear, Mr. Chairman, the SEC has no authority to regulate farmers and ranchers. Yet, that is exactly what the Chair is attempting to do. The SEC is charged with protecting investors and facilitating financial market activity, not policing the tens of thousands of family farms in my district. Yet, the proposed rule would burden my constituents with mountains of paperwork and regulatory burdens if they want to do business with a public company. These are farmers that, unlike their publicly traded counterparts, do not have the compliance, legal, and scientific departments to satisfy the requirements under this rule. Production agriculture is already regulated by the EPA, the USDA, and State and local governments. As a result, farmers and ranchers are climate champions, not villains.…”