Author Archives: Jackie Fielder

Treasury issues principles for financial climate transition plans

FOR IMMEDIATE RELEASE September 20, 2023 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Climate groups respond to Treasury’s principles for climate transition plans   WASHINGTON D.C. – Yesterday, Treasury Secretary Janet Yellen unveiled Principles for Net-Zero Financing & Investment and received a range of disappointed responses from members of Stop the Money Pipeline coalition.  In the spring, […]

Memo: Federal Reserve Ignoring Systemic Climate Financial Risks

Memorandum: Federal Reserve Ignoring Systemic Climate Financial Risks Re: Omitting biggest growing structural shift in global economy recipe for disaster Date: Wednesday, August 23, 2023 Contact: Eren Ileri,  erencan.ileri@sunriseproject.org   The Federal Reserve Bank of Kansas City is set to host its 45th annual Economic Policy Symposium titled “Structural Shifts in the Global Economy” in Jackson Hole, Wyoming, starting […]

New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk and Climate Finance

FOR IMMEDIATE RELEASE July 28, 2023 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk and Climate Finance WASHINGTON D.C. – Today, members of the Stop the Money Pipeline coalition reacted to the news of Ethan Zindler’s appointment to serve as Climate Counselor to Secretary Janet Yellen and to lead the Treasury […]

Climate groups urge Treasury to hold Wall Street accountable for transition plans in light of investor pressure

FOR IMMEDIATE RELEASE Wednesday, May 17, 2023 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Climate groups urge Treasury to hold Wall Street accountable for transition plans in light of investor pressure WASHINGTON D.C. – In light of the results at the 2023 shareholder season of major US Banks, environmental and consumer advocacy groups in the Stop the […]

Gulf South leaders ask Treasury: “Where’s our bailout?”

March 27, 2023 Press contact: Jackie Fielder, jackie@stopthemoneypipeline.com Gulf South leaders ask Treasury: “Where’s our bailout?” Washington, D.C. — This afternoon, Black, Indigenous, and environmental justice leaders from the Gulf South who are fighting in the courts and at FERC against Liquified Natural Gas (LNG) and petrochemical projects in their backyards, sent a letter to […]

Investors file climate shareholder resolutions at major US and Canadian banks

FOR IMMEDIATE RELEASE January 24, 2023 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Stop the Money Pipeline coalition members respond to investors filing climate shareholder resolutions at major US and Canadian banks Resolutions call for top banks and insurance companies to make significant progress on their climate commitments; will require support from major asset managers and other […]

Fed taps six largest US banks for pilot climate scenario analysis

FOR IMMEDIATE RELEASE September 29, 2022 Media contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Fed taps six largest US banks for pilot climate scenario analysis Today the Federal Reserve announced that Wells Fargo, Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, and JP Morgan Chase will be participating in a climate scenario analysis that “will help identify […]

Banks threaten to abandon climate commitments; bank CEOs grilled in Congressional hearing

FOR IMMEDIATE RELEASE September 21, 2022 Media contact: Jackie Fielder, jackie@stopthemoneypipeline  Climate groups excoriate banks for threatening to abandon climate commitments; bank CEOs grilled in Congressional hearing Today Financial Times, Reuters and Bloomberg reported that JPMorgan Chase & Co., Morgan Stanley, Bank of America and other unnamed US banks are threatening to leave the Glasgow […]

Investors: banks failing climate goals

Billows of smoke rise over hazy industrial landscape

FOR IMMEDIATE RELEASE July 28, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Climate groups respond to bombshell investor report on banks’ climate goals  Today the Institutional Investors Group on Climate Change (IIGCC) dropped a bombshell report that found 27 giant banks in North America, Europe, and Asia are failing the climate goals of the Paris Agreement. […]

Climate groups respond to news of FSOC Climate Hub

Treasury building in Washington, D.C. on a cloudy day.

FOR IMMEDIATE RELEASE July 28, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Climate groups respond to news of FSOC Climate Hub   Today in its regular meeting, the Financial Stability Oversight Council, or FSOC, announced that the Office of Financial Research has launched a new Climate Data and Analytics Hub pilot program, “a new tool to […]