Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement,
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The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.
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 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 regulation of the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress.
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.”
US Fed Withdraws From Global Climate Change Initiative
The US Federal Reserve is pulling out of an international climate change initiative, it announced Friday, just days before Republican President-elect Donald Trump takes office.
U.S. Federal Reserve withdraws from global climate coalition
The United States Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), a global coalition of central banks engaged in the study of climate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
Top Canadian banks quit global climate coalition ahead of Trump inauguration
Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks.
Fed pulls out of global climate change group
The Federal Reserve said on Friday that it will quit a group dedicated to addressing the risk climate change poses to the global financial system. Why it matters: The Fed's exit from the coalition suggests a huge pivot underway relative to years past.
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Fed pulls out of international climate policy group
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
Big American Banks Ignore Climate Change At Our Peril
With intensifying and more expensive climate change events, the Trump administration and bank regulators should require banks ...
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 ...