In a statement issued as Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, Senator Elizabeth Warren criticized the Securities and Exchange Commission’s proposed rescission of its climate risk disclosure rules, arguing that the move would reduce information available to investors about companies’ exposure to climate-related risks such as floods and fires and about the costs of severe weather events, which she said already amount to billions of dollars annually for U.S. businesses and taxpayers.
U.S. Senate Committee on Banking, Housing and Urban Affairs2026-05-29
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member criticizes SEC proposal to rescind climate risk disclosure rules
The Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, Senator Elizabeth Warren, criticized the Securities and Exchange Commission’s proposed rescission of its climate risk disclosure rules. She argued the rollback would reduce information available to investors on companies’ exposure to climate-related risks and the costs of severe weather events for U.S. businesses and taxpayers.