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, […]
Category Archives: Biden
Biden, In The News, Press Release
New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk and Climate Finance
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Jul
Jul
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 […]
Biden, In The News, Press Release
Climate groups urge Treasury to hold Wall Street accountable for transition plans in light of investor pressure
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May
May
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 […]
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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 […]
Biden, In The News, Press Release
Banks threaten to abandon climate commitments; bank CEOs grilled in Congressional hearing
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Sep
Sep
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 […]
Biden, Blog post, In The News, Webinar
Toxic Money Webinar 7.28.22: Using Financial Regulation to Fight for Racial, Housing, and Climate Justice
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Jul
Jul
On this webinar, We learned about how the Community Reinvestment Act can be used as a tool to build community solutions, especially as accountability to deal with the legacy of racial and economic harm done to communities via redlining and discrimination. The CRA could fund climate reparations to communities, as well as fund workforce development. […]
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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 […]
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FOR IMMEDIATE RELEASE July 19, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups respond to Yellen statement on FSOC and climate In Bali last Saturday, Treasury Secretary Janet Yellen told reporters that the Financial Stability Oversight Council (FSOC) is “not really a direct tool to address climate change.” This directly contradicts earlier commitments made by […]