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President Biden Signs Executive Order On Addressing Climate Change Risk Through Financial Regulation - Environment

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On Thursday, May 20, 2021, US President Biden signed an Executive Order, entitled
Climate-Related Financial Risk (Climate Risk EO), that
sets the stage for the US federal government, including its
financial regulatory agencies, to begin to incorporate climate-risk
and other environmental, social and governance (ESG) issues into
financial regulation. The Climate Risk EO further demonstrates the
priority the Biden administration is giving to addressing climate
change and will likely accelerate ongoing efforts by federal
financial regulators to adopt new, climate risk-related
regulations. Of particular note, the executive order directs ....

United States , White House , District Of Columbia , Janet Yellen , Gina Mccarthy , Tom Vilsack , Marty Walsh , Shalanda Young , Ginnie Mae , Cecilia Rouse , National Climate , Office Of Financial Research , Insurance Office , Development Marcia Fudge , National Economic Council , Regulatory Council , Oversight Council , National Climate Taskforce , Us Department , Department Of Veterans Affairs , Veterans Affairs Denis , Office Of Management , Housing Administration , National Economic Council Brian Deese , Us Department Of Agriculture , Executive Order ,

Secretary of State Katie Hobbs stripped of roles by Appropriations Committee

Appropriations Committee votes to strip Secretary of State Katie Hobbs of roles
Ross D. Franklin/AP
Arizona Secretary of State Katie Hobbs addresses the members of Arizona s Electoral College prior to them casting their votes Monday, Dec. 14, 2020, in Phoenix. (AP Photo/Ross D. Franklin, Pool)
and last updated 2021-05-25 15:54:03-04
PHOENIX â Political score-settling is not supposed to be part of the budgeting process, but you will have a hard time convincing Democratic members of the House Appropriations Committee of that.
On Tuesday morning, the Arizona House Appropriations Committee stripped Secretary of State Katie Hobbs of her ability to defend election lawsuits. It gave the power exclusively to the Attorney General. ....

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Climate Change Focus Of Tomorrow's FSOC Meeting; Top Biden Administration Policy - Finance and Banking

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Tomorrow, Treasury Secretary Janet Yellen will lead a meeting of the Financial Stability
Oversight Council (FSOC). The preliminary agenda for the open
session includes climate change and its potential impacts on
financial stability.
Appearing before Congress last week, Secretary Yellen stressed
the importance of FSOC and its unique role in coordinating
responses to issues like climate change. She specifically noted
that climate change is a top priority of the Biden
[a]dministration and FSOC can play a role in arranging
discussions among financial regulators all of whom have ....

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Financial Services Chair Urges Banking Agencies To Let Leverage Relief Expire - Finance and Banking

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U.S. House Financial Services Committee Chair Maxine
Waters urged the Federal Reserve Board, the FDIC
and the OCC (the banking agencies ) to not extend
temporary exemptions or make any other reforms to weaken big bank
capital and leverage requirements. Specifically, Chair Waters
requested that the banking agencies not extend an interim final rule ( IFR ) that
temporarily excludes from the calculation of the supplementary
leverage ratio (i) U.S. Treasury securities and (ii) deposits at
Federal Reserve Banks. (See previous coverage on the adoption of the ....

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Надзорный совет Facebook получит новые полномочия

Надзорный совет Facebook получит новые полномочия
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