Trump’s top Wall Street cop shoots down Biden-era climate rules for US firms
The SEC chairman has moved to repeal a Biden-era climate rule requiring US firms to disclose climate risks and greenhouse gas emissions. Paul Atkins criticized the regulation as excessive red tape that would hinder corporate growth. This decision aligns with President Trump's broader deregulation agenda, although companies may still face climate-related reporting requirements in certain states and countries.
- ▪Paul Atkins, the SEC chairman, has announced plans to repeal a climate disclosure rule from the Biden administration.
- ▪The rule would have mandated US firms to report on climate risks and their greenhouse gas emissions.
- ▪Atkins described the regulation as overreach and detrimental to corporate interests, aligning with Trump's deregulation efforts.
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Business Trump’s top Wall Street cop shoots down Biden-era climate rules for US firms By James Franey Published May 29, 2026, 4:31 p.m. ET See more of our coverage in your search results. Add The New York Post on Google 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.” 4 SEC Chair Paul Atkins blasted the Biden-era rule that would have force companies to report on global warming and climate risks. Fox Business “We need to stick to our knitting.
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