Republicans plan to use their razor-thin House majority and the committee control it gives them to investigate the Biden administration’s regulation of pesticides, climate policy and other issues important to agriculture.
Since Democrats will retain control of the Senate and President Joe Biden has his veto pen, there is little the House GOP can do to reverse his policies, but Republicans have made clear they do plan to draw attention to Biden’s actions through hearings and investigations.
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“The Biden administration is pushing its agenda through financial regulators because they don’t have the votes to pass it in Congress,” the committee’s top GOP member, North Carolina Rep. Patrick McHenry, told Agri-Pulse.
“Specifically, SEC Chair (Gary) Gensler is using the rulemaking process to implement social and climate policies through mandated disclosures — which is contradictory to established law that already requires companies to disclose information if it is material to investors,” McHenry said.
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Farm groups have been highly critical of the proposal, with some even calling on the SEC to withdraw the entire rule, or at least the requirement for reporting emissions in their supply chains.