Biden admin temporarily drops 'outrageous climate mandate' amid flurry of lawsuits
Fox News
The Securities and Exchange Commission on Friday temporarily suspended its controversial rule requiring private companies to disclose carbon emissions data after it was met with a slew of lawsuits.
Last month, the 5th Circuit Court of Appeals granted a brief administrative stay of the rule while the various lawsuits were consolidated. The groups asked the 8th Circuit to force the SEC to block its rule. On Friday, the SEC voluntarily agreed to temporarily suspend its rule while the litigation continues on the merits. Brianna Herlihy is a politics writer for Fox News Digital.
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