H.R. 4790, titled the "Prioritizing Economic Growth Over Woke Policies Act," aims to amend federal securities laws regarding disclosure requirements, establish a Public Company Advisory Committee, and make other changes. The bill seeks to limit the Securities and Exchange Commission's (SEC)...
Simple Explanation
H.R. 4790 is a bill that wants companies to only share really important information that would matter a lot to investors, and it doesn’t want companies to be forced to talk about things like the environment unless they are really important for business. It also plans to make a special group to help companies but worries that it might cost a lot of money without watching spending closely.