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PROTECT USA Act targets EU sustainability rules

Ranking Member Sen. Bill Hagerty (R-TN) discusses a chart as he questions Treasury Secretary Janet Yellen during a Senate Appropriations Subcommittee on Financial Services and General Government hearing on Capitol Hill on June 4, 2024 in Washington, DC.
Senator Bill Hagerty. Photo: Andrew Harnik/Getty Images>/i>

The PROTECT USA Act Seeks to scale back the Corporate Sustainability Due Diligence Directive for US companies.

The EU’s Corporate Sustainability Due Diligence Directive (CSDDD) is controversial on both sides of the Atlantic. The European Commission’s recent omnibus proposal would scale back the CSDDD (see Ropes & Gray’s article An in-depth look at the leaked Draft Directive on corporate sustainability), although some detractors in

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