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Protecting US Businesses from EU Sustainability Directives

This act requires the U.S. Securities and Exchange Commission (SEC) to study how EU corporate sustainability rules impact U.S. companies, consumers, and the economy. The goal is to assess potential negative effects and provide recommendations to policymakers to protect U.S. interests. Citizens may feel an indirect impact through economic stability and business competitiveness.
Key points
The SEC will study the impact of EU sustainability directives on U.S. companies, consumers, and the economy.
A report from the study will include recommendations for mitigating negative impacts or alternative approaches.
The act aims to protect U.S. economic interests from potentially harmful foreign regulations.
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Additional Information
Print number: 118_HR_4653
Sponsor: Rep. Meuser, Daniel [R-PA-9]
Process start date: 2023-07-14