Political Quotes

On the recordDecember 7, 2022
Mr. President, when it comes to the actions of a party or a Presidential administration, legislation sometimes grabs the lion's share of the attention. But it is equally important to pay attention to what a Presidential administration does with its regulatory power, and the Biden administration has been characterized by a lot of deeply troubling regulations. The so-called Inflation Reduction Act may be Democrats' most prominent Green New Deal effort, but the Biden administration's radical environmental agenda doesn't stop there. The President has also been using regulations to push through Democrats' Green New Deal fantasies, and these ill-considered, overreaching regulations could have serious consequences. Later today, I will be sending a letter to the President about the attempts to use financial and securities regulators, like the Securities and Exchange Commission and the Federal Reserve, to push through environmental, social, and governance--or what are referred to as ESG--regulations that seek to choke off investment to essential industries like oil and natural gas and American farms and ranches. Notable among these is the Securities and Exchange Commission's proposed climate disclosure rule, which would require publicly traded companies to disclose information not only about their own emissions but also about the greenhouse gas emissions of their suppliers and even their customers.…
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John Thune
Republican · South Dakota

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