Fox Business reported that Republican lawmakers have finally stood firm and are fighting back against bureaucrats who use government power in order to raise the price of traditional energy.
Public Enemy No. According to Fox Business Chair Gary Gensler, Securities and Exchange Commission, is the number one enemy in this war. A green extremist, Gensler led the way in advancing woke environmental, social and governance (ESG) standards in President Joe Biden’s administration. Republicans from the Senate Banking Committee sent Gensler a July 21st letter. It rebuked Gensler for suggesting that fossil fuels should be restricted during an energy crisis.
“We are troubled by the Securities and Exchange Commission’s (SEC) lack of transparency and disregard for a significant congressional oversight request concerning the SEC’s proposed climate disclosure rule—This new law will impact consumers and workers in the United States, at a moment when oil prices have soared.,” [emphasis added.]
“If the Republicans take the Senate, and, you know, the House as well, you’re gonna see a full assault, from what I understand, on Gary Gensler,” Fox Business host Charlie Gasparino said on July 21. “I mean, it is game on. They can see the value in Gary Gensler’s woke policies and they are willing to take his advice. And they’ve been given some interesting, I guess, ammunition, recently from the Supreme Court.”
In his role as chairman of the SEC Gensler exerts enormous influence over the stock and financial markets. Under his leadership, the agency proposed a 490-page, dystopian rule that would mandate that businesses report on their “climate-related risks” and “greenhouse gas emissions.”
While extensive, Gensler’s authority is not unlimited. Gasparino explained that conservative groups like the Job Creators Network “are planning to use” a recent Supreme Court decision “to possibly sue Gary Gensler” and push back against his alleged abuse of governmental power.
It was a decision that changed the course of history. West Virginia v. EPA, delivered a major victory against the ESG movement by scaling back the EPA’s ability “to impose strict environmental regulations,” Gasparino said. Most of the EPA’s regulations, Gasparino added, are not “for an agency to impose. It’s for Congress to pass an act. It is up to Congress to pass an act. [legislation], not the agency.”
The Republican Committee members expressed frustration with a previous letter from Gensler, calling his response “wholly inadequate and unacceptable.” The SEC chair’s July 12 letter answered zero of the Republicans’ questions and included absolutely no records, according to committee Republicans.
MRC Business was the first to promote an anti-ESG and pro-freedom movement. As the Utah state Treasurer told MRCB, “There are a lot of projects in the United States — profitable projects in the oil and gas industry — that are not being funded because of ESGs. And that’s preventing the market” from rebalancing.
Conservatives being attacked. Call ABC News 818-460-7777, CBS News 212-975-3264 and NBC News 212-6644-6192 to ask for Biden’s and his aides to be held responsible for trying restrict fossil fuel production at a time of energy crisis.
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