{"id":261,"date":"2023-02-03T22:27:13","date_gmt":"2023-02-04T03:27:13","guid":{"rendered":"https:\/\/kgop.org\/?p=261"},"modified":"2023-02-05T10:40:49","modified_gmt":"2023-02-05T15:40:49","slug":"huizenga-selected-to-lead-republican-esg-working-group","status":"publish","type":"post","link":"https:\/\/kgop.org\/?p=261","title":{"rendered":"Huizenga Selected to lead Republican ESG Working Group"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"253\" src=\"https:\/\/kgop.org\/wp-content\/uploads\/2023\/02\/image003-1024x253.jpg\" alt=\"\" class=\"wp-image-265\" srcset=\"https:\/\/kgop.org\/wp-content\/uploads\/2023\/02\/image003-1024x253.jpg 1024w, https:\/\/kgop.org\/wp-content\/uploads\/2023\/02\/image003-300x74.jpg 300w, https:\/\/kgop.org\/wp-content\/uploads\/2023\/02\/image003-768x190.jpg 768w, https:\/\/kgop.org\/wp-content\/uploads\/2023\/02\/image003-1536x379.jpg 1536w, https:\/\/kgop.org\/wp-content\/uploads\/2023\/02\/image003-2048x505.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>PRESS RELEASE FROM CONGRESSMAN HUIZENGA    <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>FOR IMMEDIATE RELEASE:&nbsp;&nbsp;February 3, 2023<\/strong>&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<p>Today, House Financial Services Committee Chairman, Patrick McHenry (R-NC), announced the formation of a Republican Working Group led by Oversight and Investigations Subcommittee Chairman Bill Huizenga (R-MI). The purpose of the working group is to combat the threat to our capital markets posed by those on the far-left pushing environmental, social, and governance (ESG) proposals.&nbsp;Upon being selected to head the new ESG Working Group, Congressman Huizenga released the following statement:<\/p>\n\n\n\n<p>\u201cLast year, the Supreme Court ruled in West Virginia vs EPA that government bureaucracies cannot arbitrarily expand their own regulatory reach,\u201d&nbsp;<strong>said Congressman Bill Huizenga.<\/strong>&nbsp;\u201cThe SEC\u2019s climate disclosure rule is a prime example of this overreach- that would have a wide-ranging impact on hard working Americans across all walks of life. I look forward to leading our committee\u2019s ESG working group, which will focus on promoting strong, vibrant capital markets, while defending the interests of all retail investors.\u201d<\/p>\n\n\n\n<p>\u201cProgressives are trying to do with American businesses what they already did to our public education system\u2014using our institutions to force their far-left ideology on the American people. Their latest tool in these efforts is environmental, social, and governance&nbsp;proposals. This is why I am creating a Republican ESG working group led by Oversight &amp; Investigations Subcommittee Chair Bill Huizenga,\u201d&nbsp;<strong>said Chairman McHenry.&nbsp;<\/strong>\u201cThis group will develop a comprehensive approach to ESG that protects the financial interests of everyday investors and ensures our capital markets remain the envy of the world. Financial Services Committee Republicans as a whole will continue our work to expand capital formation, hold Biden\u2019s rogue regulators accountable, and support American job creators.\u201d<\/p>\n\n\n\n<p><strong>ESG Working Group Members<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bill Huizenga (MI-04)<\/li>\n\n\n\n<li>Ann Wagner (MO-02)<\/li>\n\n\n\n<li>Barry Loudermilk (GA-11)<\/li>\n\n\n\n<li>Bryan Steil (WI-01)<\/li>\n\n\n\n<li>Andrew Garbarino (NY-02)<\/li>\n\n\n\n<li>Byron Donalds (FL-19)<\/li>\n\n\n\n<li>Monica De La Cruz (TX-15)<\/li>\n\n\n\n<li>Erin Houchin (IN-09)<\/li>\n\n\n\n<li>Andy Ogles (TN-05)<\/li>\n<\/ul>\n\n\n\n<p><strong><u>Background<\/u><\/strong><strong>:<\/strong><\/p>\n\n\n\n<p>The Financial Services Committee\u2019s Republican ESG Working Group is committed to&nbsp;protecting the financial interests of everyday investors&nbsp;and ensuring American capital markets remain the envy of the world.&nbsp;<\/p>\n\n\n\n<p>To combat the threat posed to our free markets by far-left environmental, social, and governance proposals, the working group will examine ways to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Rein in the SEC\u2019s regulatory overreach;&nbsp;<\/li>\n\n\n\n<li>Reinforce the materiality standard as a pillar of our disclosure regime;<\/li>\n\n\n\n<li>And hold to account market participants who&nbsp;misuse&nbsp;the proxy process or&nbsp;their outsized influence&nbsp;to impose ideological preferences in ways that&nbsp;circumvent democratic lawmaking.<\/li>\n<\/ul>\n\n\n\n<p>The working group will coordinate Republicans\u2019 response to the ESG movement through Member education and policy development across the Committee\u2019s jurisdiction and&nbsp;throughout&nbsp;the broader House Republican Conference.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRESS RELEASE FROM CONGRESSMAN HUIZENGA FOR IMMEDIATE RELEASE:&nbsp;&nbsp;February 3, 2023&nbsp; Today, House Financial Services Committee Chairman, Patrick McHenry (R-NC), announced the formation of a Republican Working Group led by Oversight and Investigations Subcommittee Chairman Bill Huizenga (R-MI). The purpose of the working group is to combat the threat to our capital markets posed by those [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-261","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/kgop.org\/index.php?rest_route=\/wp\/v2\/posts\/261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kgop.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kgop.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kgop.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/kgop.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=261"}],"version-history":[{"count":6,"href":"https:\/\/kgop.org\/index.php?rest_route=\/wp\/v2\/posts\/261\/revisions"}],"predecessor-version":[{"id":307,"href":"https:\/\/kgop.org\/index.php?rest_route=\/wp\/v2\/posts\/261\/revisions\/307"}],"wp:attachment":[{"href":"https:\/\/kgop.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kgop.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kgop.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}