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Yellen first acknowledged the risks of these E.U. supply chain mandates during a House Financial Services Committee hearing in June.

Hill, Palmer ask Yellen to shield US from EU sustainability mandate

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.”

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Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by Cencora

From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more

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