Public Citizen: Lawmakers Press Federal Reserve to Protect Economy From Climate-Based Financial Risks
March 31, 2023
March 31, 2023
WASHINGTON, March 31 (TNSgov) -- Public Citizen issued the following news release:
Senator Edward J. Markey (D-Mass.) and Representatives Ayanna Pressley (D-Mass.) and Rashida Tlaib (D-Mich.) today reintroduced the Fossil Free Finance Act, legislation requiring the Federal Reserve to address the systemic risk that climate change and the energy transition present to our financial system.
Under the legislation, the Fed would have to use its existing powers to mandate tha . . .
Senator Edward J. Markey (D-Mass.) and Representatives Ayanna Pressley (D-Mass.) and Rashida Tlaib (D-Mich.) today reintroduced the Fossil Free Finance Act, legislation requiring the Federal Reserve to address the systemic risk that climate change and the energy transition present to our financial system.
Under the legislation, the Fed would have to use its existing powers to mandate tha . . .