Latest Breaking News On - Paperwork reduction - Page 9 : comparemela.com

In January, the Federal Reserve System announced a “pilot project” directing the six largest U.S. banks to conduct a “climate scenario analysis.” More recently, the Fed published a 52-page set of instructions on how these banks must provide this information the Fed demands. Apparently, the Fed now believes its authority extends beyond bank supervision and into climate policy, which is “far outside of its statutory mandate,” as Sen. Dan Sullivan (R-AK) and eight of his colleagues pointed out in a letter to Fed Chairman Jerome Powell this month.

Mountain valleyUnited statesJoe manchinJerome powellOffice of managementFederal reserve systemDan sullivanFed chairmanPaperwork reduction actPaperwork reductionValley pipelineWest virginia democratFederal reserveOffice of management and budgetAdministrative lawAdministrative state