News
With a lawsuit filed today, Attorney General Todd Rokita is fighting back against the Biden administration’s efforts to weaponize the Securities and Exchange Commission (SEC) through a rule that would place onerous requirements on U.S. companies in service to a radical-left climate agenda.
By implementing the rule, the SEC moves from its traditional role as an independent federal agency enforcing laws against market manipulation to become a partisan purveyor of environmental, social, and governance (ESG) standards.
“Hoosiers rightly expect the SEC to be focused on protecting investors and financial markets rather than making companies bend the knee to radical environmentalism,” Attorney General Rokita said. “This is one more disturbing example of leftwing bureaucrats extending the regulatory tentacles of ESG nonsense into every facet of the economy.”
The new rule compels companies to compile and disclose cumbersome amounts of material related to their greenhouse-gas emissions and how their activities supposedly affect climate change.
“Companies have a legal fiduciary duty to maximize returns to shareholders,” Attorney General Rokita said. “Costly ideological requirements with no proven effect only drive up the price of goods for everyday Hoosiers and reduce value for shareholders. The only winners here are big business and the radical environmentalists with a vendetta against capitalism.”
The lawsuit against the SEC asks a federal appeals court to strike down the SEC’s new rule as unlawful.
Illinois State Museum featuring personal Route 66 stories for Mother Road’s 100th anniversary
Good Samaritan CEO Rob McLin honored with IHA 2025 Distinguished Service Award
Illinois goes from “F” to“A” on support for survivors of human trafficking
Carbon Monoxide Awareness Month underway
IDOH approves Union - Regional hospital merger
VU announces changes in College of Health Sciences and Human Performance
Unit 20 hires new administrator and fills board vacancy
New IDOC mail policy program protested
Eagle Branch District to host annual meeting
Niemerg Lawrence County satellite office hours set
Select Wings Etc. locations offering free entrée on Veterans Day
FSSA statement on SNAP benefits, one week delay
Illinois transitioning to new emergency fire information system
Bridgeport Township accepting mowing bids
Vincennes announces Sister City partnership with Ovruch, Ukraine
IDOT and IDNR warn of deer-vehicle collisions
Vincennes man pleads guilty to murder of Taylor Hendershot
LCMH Legacy Gala a success
Christmas Nights of Lights returns to the Indiana State Fairgrounds
