GOP Seeks Interviews With SEC Chiefs on ESG and Europe
- Scott, Comer warn that EU policy could hinder US companies
- Gensler, other top officials asked to testify to Comer’s panel
The U.S. Securities and Exchange Commission headquarters in Washington, DC.
Photographer: Andrew Harrer/Bloomberg
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Two prominent Republican lawmakers are seeking interviews with current and former top US Securities and Exchange Commission officials about any Biden administration involvement in European Union environmental, social and governance directives.
Tim Scott, the top Republican on the Senate Banking Committee, and House Oversight Chairman James Comer, in letters to the officials on Monday, expressed concern that agencies are “either passively allowing a foreign entity to regulate US companies or willfully circumventing the US regulatory process.”