Big Banks Quit Climate Change Groups Ahead of Trump’s Term
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
Federal Reserve says it will leave climate change organization
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress.
Federal Reserve Exits International Climate Change Initiative
The Federal Reserve's withdrawal from an international climate initiative highlights a shift in U.S. policy towards environmental regulations.
Federal Reserve withdraws from global regulatory climate change group
WASHINGTON, Jan 17 (Reuters) - The U.S. Federal Reserve announced on Friday it ... who is critical of efforts by governments to prescribe climate change policies, is set to take office.
Federal Reserve exits global climate change regulation group
The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.
Fed Quits Global Climate Risk Group Ahead of Trump Presidency
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”
Federal Reserve Withdraws From Global Climate Coalition
The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.
Fed Withdraws From Central Bank Climate Group
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in
Central banks' green push hits a hurdle as Fed drops out
A global effort by central banks to join the fight against climate change has hit a major hurdle with the U.S. Federal ...
Trump’s return to power sparks sweeping business and corporate green reset
Financial institutions are pulling out of climate agreements in an apparent effort to appease the incoming Trump administration.