Barr Releases Statement on the Federal Reserve Board's Summary of Vice Chair Barr's Climate Scenario Analysis
May 11, 2024
May 11, 2024
WASHINGTON, May 11 -- Rep. Andy Barr, R-Kentucky, issued the following statement on May 10, 2024:
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Congressman Barr released the following statement on the Federal Reserve's summary of its Climate Scenario Analysis (CSA) pilot project, which involved six of the largest banks in the country. The summary outlined how these banks employed climate scenario analysis to assess the resilience of their business models against climate-related financial risks.
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Congressman Barr released the following statement on the Federal Reserve's summary of its Climate Scenario Analysis (CSA) pilot project, which involved six of the largest banks in the country. The summary outlined how these banks employed climate scenario analysis to assess the resilience of their business models against climate-related financial risks.
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