Powell May Face More Questions on Fed’s Approach to Climate Change Risks

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Some Democratic lawmakers have pressed the central bank to be more active in efforts to mitigate global warming risks

Federal Reserve Chairman Jerome Powell’s views on interest rates and the economy should be the main focus as he testifies before Congress on Wednesday and Thursday, but he also may field questions on what the central bank is doing to address climate change risks.

In recent Capitol Hill appearances, both Mr. Powell and Vice Chairman for Supervision Randal Quarles have faced questions on a subject that could reshape the U.S. economy in years to come.

 

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Are those the same Democrats that were howling that Trump was politicizing the FED and disrespecting it’s independency?

Lawd

We're never going to rid ourselves of this hogwash are we?

That is the dumbest thing I have read tonight.

JayInslee can help that happen

Yeah, because that's the job of our central bank. To fund and finance psuedo science.

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