GOP Reps. French Hill (Ark.) and Gary Palmer (Ala.) urged Treasury Secretary Janet Yellen to “protect” U.S. firms from European sustainability directives, according to a letter first obtained by Punchbowl News.
It’s not the first time Republican lawmakers have criticized a corporate sustainability directive finalized by the European Union this summer. But in the months since the directive was finalized, Yellen has acknowledged concerns over how the policy could affect U.S. companies. But Hill and Palmer told Yellen the Biden administration “has failed to act.”