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Analysis: U.S. financial regulators in hot seat as Biden ramps up climate agenda


5 Min Read
WASHINGTON (Reuters) - As U.S. President Joe Biden escalates his climate change agenda, pressure is growing on the country’s regulators to catch up with Europe and incorporate various risks posed by climate change into their oversight of the financial system.
FILE PHOTO: A sign advertising new homes stands in a neighborhood severely damaged by wildfire in Medford, Oregon, U.S. September 20, 2020. REUTERS/David Ryder
The White House is expected to soon issue an executive order on climate change which could require the country’s systemic risk watchdog to assess how climate change could hurt financial companies and markets, and to gather and share relevant data. ....

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