[Congressional Record Volume 168, Number 119 (Tuesday, July 19, 2022)]
[House]
[Page H6710]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SEC'S PROPOSED CLIMATE CHANGE RULE
(Mr. ROSE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. ROSE. Madam Speaker, today, I rise today to bring attention to
President Biden's Securities and Exchange Commission's proposed climate
change rule.
As Tennesseans suffer from the impacts of record-breaking inflation
that has driven the cost of almost everything through the roof,
President Biden and his SEC are trying to implement a regulation that
will make it harder and more expensive to produce the food and fiber
that feeds the world.
We saw just last week that inflation is showing no signs of slowing
down. The climate change rule proposed by Biden's SEC will only make it
worse, as the farmers and ranchers who work so hard to feed us will
spend copious amounts of time, effort, and money to comply with this
rule, if it is even possible.
Biden's SEC has clearly overstepped its bounds, as Congress has never
given them the authority to regulate carbon emissions. If President
Biden were serious about lower prices, he would immediately hit the
brakes on this proposed rule.
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