At an April 10 hearing on the SEC’s recently released climate disclosure rules, House Financial Services Committee Chair Patrick McHenry (R-N.C.) urged SEC Chair Gary Gensler “to abandon his regulatory power grab,” while Ranking Member of the Committee Maxine Waters (D-Calif.) expressed disappointment that the SEC “didn’t muster the political courage to issue a bolder rule.”

CII members are invited to submit comments on a proposed amendment to CII’s corporate governance policies calling for dual-class companies to provide vote results on a class-by-class basis.

Representatives Brad Sherman (D-Calif.) and Victoria Spartz, (R-Ind.) introduced the No China in Index Funds Act late last month, a bill that would forbid funds that track an index from holding any Chinese securities starting 180 days after the bill is passed. The bill would not apply to actively managed funds.

A recent review of Russell 1000 companies by JUST Capital determined that disclosure of gender diversity data stands at 89%, while race/ethnicity data disclosure stands at 83%.