Republicans Ready ESG ‘Attacks’ With House Control (1)

Republican control over the House means Rep. Patrick McHenry will have a pedestal—and subpoena power—to stall the administration’s regulation of the financial sector in the 118th Congress.

The North Carolina Republican and future chair of the House Financial Services Committee will likely bring a consistent mix of oversight of regulators such as the Securities and Exchange Commission; legislation to promote business-friendly measures; and criticism of environmental, social, and governance (ESG) investing.

“When it comes to oversight, exposing this administration’s failures and regulatory policy that’s driven up the price of things for average Americans is front and center for our agenda,” ...