Agriculture Economy Upended

Floor Speech

Date: June 14, 2023
Location: Washington, DC

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Mr. ROSE. Madam Speaker, the Securities and Exchange Commission--not the social and environmental commission--has proposed a rule that would require small farmers in America who sell their products to large, public companies to potentially have to calculate and report their total climate-related risks, including their emissions.

This proposed rule would upend the entire agricultural economy and impose a tremendous added cost to farmers who put food on our tables and subsequently to all of us who eat that food.

Congress never gave the Securities and Exchange Commission the authority to enact regulations regarding the environment or climate, but the Biden administration has been adamant about carrying out their progressive agenda nevertheless.

That is why we are working to put an end to out-of-control government and Washington bureaucrats by passing the REINS Act.

Madam Speaker, I urge all Members to join me in voting ``yes'' on this legislation so that Congress can go back to being the necessary check on these rogue officials just as our Founders intended.

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