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Republican AGs Challenge SEC’s Climate Disclosure Rule

A coalition of nine Republican AGs, led by Iowa AG Brenna Bird, has filed a petition for judicial review of the SEC’s climate related disclosure rule, which would require companies to disclose their greenhouse gas emissions. In the press release, the AGs assert that the new rule imposes unnecessary red tape and demands that business…

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TikTok’s Suitability for Children Questioned in New Lawsuit by Iowa AG

Iowa AG Brenna Bird filed a lawsuit against TikTok Inc. and affiliated entities alleging that the social media company violated state consumer protection laws by making deceptive representations to parents regarding the appropriateness of the TikTok app for children. The complaint alleges that TikTok falsely claims a “12+” age-range app rating—representing that the app contains…

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Bipartisan AG Group Asks Supreme Court to Affirm States’ Right to Enforce Banking Laws

A bipartisan coalition of 34 AGs wrote an amicus brief to the U.S. Supreme Court advocating for states’ right to enforce their consumer financial protection laws against state and national banks alike. The amicus brief, submitted in Cantero v. Bank of America, N.A., asks the Court to overturn a Second Circuit decision holding that the…

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Republican AGs Question Proxy Advisors on ESG and Debanking Positions

A group of 23 Republican AGs wrote a letter to proxy advisory firms International Shareholder Services, Inc. (ISS) and Glass, Lewis & Co. (Glass Lewis) warning the companies to cease prioritizing ESG initiatives in a manner that allegedly violates federal and state laws and the companies’ legal duties. In the letter, the AGs assert that…

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