In the News
The Fed has a clear mandate to mitigate climate risks
Todd Phillips explains why the Federal Reserve has a clear mandate to help banks mitigate their climate risks.
In a Senate Banking Committee hearing last week, ranking member Sen. Pat Toomey (R-Pa.) warned the Federal Reserve against “stray[ing] from its mandate” by addressing “politically-charged areas like global warming.”
The above excerpt was originally published in The Hill. Click here to view the full article.
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