Last Wednesday, the House of Representatives passed the ESG Disclosure Simplification Act of 2021, which would require the SEC to adopt clear, consistent standards for companies to disclose to investors information related to climate change risks, corporate political spending, and worker pay, as well as requiring public companies to disclose profits and foreign taxes paid by their subsidiaries.

The bill passed 215 to 214, with 4 Democrats voting against it. Those 4 were Henry Cuellar (TX-28), Lizzie Fletcher (TX-07), Susie Lee (NV-03), and Kurt Schrader (OR-05).

The House voted down two Republican amendments before doing so.

One was an amendment…

Jonathan Cohn

Editor. Bibliophile. Gadfly. Environmentalist. Super-volunteer for progressive campaigns. Boston by way of Baltimore, London, NYC, DC, and Philly.

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