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Trump’s top Wall Street cop shoots down
Biden-era climate rules for US firms

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Posted By: ConservativeYankee, 5/29/2026 5:35:27 PM

President Trump’s top Wall Street cop moved Friday to kill a sweeping Biden-era climate rule that would force US firms to report on global warming risks and their own greenhouse gas emissions. Paul Atkins, the chairman of the Securities and Exchange Commission, blasted the climate change disclosure regulation as growth-strangling red tape that “exceeded our authority.” “We need to stick to our knitting. Let the Environmental Protection Agency do their job and we stick to our job,” he said in an interview with Fox Business, casting the move as part of President Trump’s deregulation agenda that he vowed would “make IPOs great again.”

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Reply 1 - Posted by: ConservativeYankee 5/29/2026 5:37:13 PM (No. 2110292)
FTA: "Atkins added that Joe Biden’s brand of woke capitalism placed “substantial costs on public companies and shareholders not justified by informational benefits.” "
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