Sen. Markey And Reps. Pressley, Tlaib Introduce Legislation To Require Big Banks To Manage Climate Risk And Stop Financing Fossil Fuel Projects
March 31, 2023
March 31, 2023
WASHINGTON, March 31 -- Sen. Edward J. Markey, D-Massachusetts, issued the following news release on March 30, 2023:
Senator Edward J. Markey (D-Mass.) and Representatives Ayanna Pressley (MA-07) and Rashida Tlaib (MI-12) today reintroduced the Fossil Free Finance Act, legislation that would direct the Federal Reserve to require major banks and other Systemically Important Financial Institutions (SIFIs) to stop financing projects and activities linked to increased greenhouse gas emi . . .
Senator Edward J. Markey (D-Mass.) and Representatives Ayanna Pressley (MA-07) and Rashida Tlaib (MI-12) today reintroduced the Fossil Free Finance Act, legislation that would direct the Federal Reserve to require major banks and other Systemically Important Financial Institutions (SIFIs) to stop financing projects and activities linked to increased greenhouse gas emi . . .