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State financial officers applaud SEC rescission of 2024 climate disclosure rules

Officials say rescinding the 2024 climate disclosure rules will save public companies an estimated $7.9 billion.

Published Aug 10, 2026, 11:27 AM EDT | WFMZZ

A coalition of state financial officers applauded the Securities and Exchange Commission for moving to rescind its 2024 climate disclosure rules. The rescission is estimated to save public businesses more than $7.9 billion.