`This is Exactly What Congress Established the SEC to do.' Agency Draws Support in Climate Case

Also, Citadel Securities and ASA ask court to halt CAT bills; FDIC Republicans continue to press for excluding Gruenberg from workplace probes; More delay on Kalshi's election contracts

Chair Gary Gensler has always emphasized that the SEC’s climate rule has nothing to do with global warming  – it’s about disclosure. He’s now getting a lot of backing for that contention as supporters try to buttress the agency’s defense of the regulation in a federal appeals court.

With the future of the rule at stake (and for many climate activists, a …