FIRST ON FOX: Senate Banking Committee Ranking Member Tim Scott will introduce a measure in the upper chamber on Wednesday attempting to overturn a controversial Securities and Exchange Commission climate rule that has drawn outrage from Republicans – and even some Democrats – FOX Business has learned.
"The SEC’s mission is to regulate our capital markets and ensure all Americans can safely share in their economic success – not to force a partisan climate agenda on American businesses," Scott continued. The CRA currently has 34 cosponsors – more than enough needed for a discharge petition – and expands its list of supporters across the aisle, to West Virginia Democratic Sen. Joe Manchin.