SEC Act of 2025

HR 257, the SEC Act of 2025, prohibits the Securities and Exchange Commission (SEC) from requiring public companies to disclose climate-related information that isn't directly relevant to investment decisions. This bill directly affects publicly traded companies by limiting the SEC's authority over mandatory climate disclosures. The key provision amends the Securities Exchange Act of 1934 to state the SEC cannot mandate climate disclosures unless they are "material" to investors - meaning they significantly impact financial decisions. The bill focuses on restricting the scope of disclosure requirements, not on creating new regulations or addressing climate impacts.