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Treasury Secretary Yellen Warns That Losses Tied to Climate Change Could Cascade Through the Financial System – NBC New York

Treasury Secretary Janet Yellen said a “delayed and disorderly transition” to a net-zero emissions economy could create shocks to the financial system.

New yorkUnited statesExchange commissionFinancial stability oversight councilFinancial risk advisory committeeTreasury secretaryJanet yellenClimate related financial risk advisoryClimate related financial risk advisory committeeWest coastPresident bidenInflation reduction act

Yellen warns climate change could trigger asset value losses, harming US economy

By Andrea Shalal

United statesStephen coatesJanet yellenAndrea shalalFinancial stability oversight councilFinancial risk advisory committeeFederal reserveExchange commissionDeposit insurance corpOffice of the comptrollerInsurance officeTreasury secretary janet yellenWest coastClimate related financial risk advisory committeeFederal deposit insurance corpFederal insurance office

Treasury Secretary Yellen Warns That Losses Tied to Climate Change Could Cascade Through the Financial System – NBC 6 South Florida

Treasury Secretary Janet Yellen said a “delayed and disorderly transition” to a net-zero emissions economy could create shocks to the financial system.

United statesExchange commissionFinancial stability oversight councilFinancial risk advisory committeeTreasury secretaryJanet yellenClimate related financial risk advisoryClimate related financial risk advisory committeeSouth floridaWest coastPresident bidenInflation reduction act

US Treasury secretary warns climate change could trigger asset value losses

Climate change may trigger asset value losses in coming years that could cascade through the US financial system, according to US Treasury Secretary Janet Yellen.

United statesJanet yellenFinancial stability oversight councilFinancial risk advisory committeeFederal reserveExchange commissionDeposit insurance corpOffice of the comptrollerInsurance officeTreasury secretary janet yellenWest coastClimate related financial risk advisory committeeFederal deposit insurance corpFederal insurance officeS treasury secretary warns climate change could trigger asset value lossesUs economy

Yellen warns climate change could trigger asset value losses, harming US economy

By Andrea Shalal WASHINGTON (Reuters) - Climate change is already having a major economic and financial impact on the United States and may trigger as.

United statesStephen coatesJanet yellenAndrea shalalFinancial stability oversight councilFinancial risk advisory committeeFederal reserveExchange commissionDeposit insurance corpOffice of the comptrollerInsurance officeTreasury secretary janet yellenWest coastClimate related financial risk advisory committeeFederal deposit insurance corpFederal insurance office

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