Senior Director, Accountability and International Policy
President Joe Biden took office one year ago amid one of the worst economies in generations, but the U.S. economy has since made tremendous progress toward recovery, and workers are benefiting.
A new private sector-led initiative presents the opportunity for major global financial institutions to play a key role in decarbonizing the global economy.
As the markets for digital assets such as cryptocurrencies grow, the U.S. Securities and Exchange Commission and other financial regulators must impose sensible regulations on digital assets to protect traders and investors.
Increasing demand for companies to provide enhanced disclosures on climate-related and other environmental, social, and governance matters has raised questions about the Securities and Exchange Commission’s authority to require disclosures. That authority is broad and not limited to materiality.
A vigorous FSOC could go a long way toward creating a U.S. financial system that is resilient and positioned to support long-term growth.
By enhancing information on environmental, social, and governance matters in banking and facilitating competition, the CFPB and bank regulators can reduce financial abuses and empower consumers to align the financial system with sustainable values.
The U.S. Securities and Exchange Commission should begin using its authority to mandate climate-related disclosures in order to address climate-related risks to investors, the economy, and the public.
The climate crisis may have serious implications for agricultural finance.
Evidence suggests that large digital service platforms with market power deserve much closer antitrust scrutiny.
Consumer protections should be strengthened—not rolled back—as part of the economic response to the coronavirus.
Public disclosure of how emissions are financed and of other climate-related financial risks is essential to start mitigating a climate-driven financial shock.
The Fed plan to extend trillions of dollars in credit to support the economy during the COVID-19 crisis is needed, but significant changes are required to make the program transparent, accountable, and equitable.
Climate action that meets the crisis’ urgency, creates good-quality jobs, benefits disadvantaged communities, and restores U.S. credibility on the global stage
Democracy is under attack at home and abroad. We must take swift action to ensure it is accessible to all, accountable, and can serve as a force of good.
Economic growth must be built on the foundation of a strong and secure middle class so that all Americans, not just those at the top, benefit from growth.