Seventeen state financial officers have signed on to a letter urging the Securities and Exchange Commission to scrap Biden-era climate-related disclosure rules. ‘Americans want the SEC focused on protecting markets and investors, not turning our capital markets into a vehicle for climate activism.’ Responsible for managing billions of public dollars, the signatories argue that climate disclosure standards are an “unlawful expansion of the administrative state” poised to hamper private sector economic growth. The SEC adopted the climate disclosure rules in March 2024. “The financial officers are right to support the Trump Administration’s efforts to rescind the Biden-era climate disclosure rules,” American Energy Institute CEO Jason Isaac told Blaze News.