FOR IMMEDIATE RELEASE November 22, 2021 Contacts: Jackie Fielder, [email protected] Climate and finance groups react to Biden’s Federal Reserve Chair Nominations WASHINGTON DC — Today, President Joe Biden announced the re-nomination of Jerome Powell as Federal Reserve Chair, and Lael Branaird as Vice Chair. The White House also said today it plans to fill three […]
Category Archives: Biden
FOR IMMEDIATE RELEASE: November 3, 2021 Contact: Jackie Fielder, (562) 313-2324, [email protected] Jason Schwartz, (347) 452-3752, [email protected] US lags further after British Treasury issues new fossil fuel finance standards GLASGOW — Today UK Chancellor of the Exchequer, Rishi Sunak, announced new requirements for firms to publish net zero transition and decarbonization plans in […]
FOR IMMEDIATE RELEASE *Interviews available October 21, 2021 Contact: Jackie Fielder, [email protected] Stop the Money Pipeline coalition members respond to FSOC report on Climate-Related Financial Risk WASHINGTON, D.C. — On Thursday, the Financial Stability Oversight Council (FSOC), chaired by Treasury Secretary Janet Yellen, issued an unprecedented report on climate-related financial risk. The report is the […]
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Today, dozens of organizations with Stop the Money Pipeline Coalition and aligned partners sent this letter to the Biden Administration, outlining our expectations for Section 2 of the Executive Order on Climate-Related Financial Risk published in May 2021. The climate-finance executive order from the administration is quite broad and could have big implications for a wide […]
Biden, In The News, Press Release
Stop the Money Pipeline Responds to Senators’ Letter to Head of Treasury’s New Climate Hub
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FOR IMMEDIATE RELEASE Aug 3, 2021 Contact: Jackie Fielder, [email protected] Stop the Money Pipeline Responds to Senators’ Letter to Head of Treasury’s New Climate Hub Today, members of the Stop the Money Pipeline (STMP) coalition reacted to a letter sent by Senators Elizabeth Warren (D-Mass.), Kirsten Gillibrand (D-N.Y.), and Chris Van Hollen (D-Md.) to John […]
Biden, In The News, Press Release
Shady Wall Street Vet leaves Biden Administration After Stop the Money Pipeline Groups Send Letter to Kerry
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FOR IMMEDIATE RELEASE CONTACT: Jackie Fielder, [email protected] Shady Wall Street Vet leaves Biden Administration After Stop the Money Pipeline Groups Send Letter to Kerry Departure comes after 145 organizations sent a letter to Special Presidential Envoy for Climate John Kerry decrying the appointment of Mark Gallogly in March HOUSTON, TEXAS – July 1, 2021 – […]
FOR IMMEDIATE RELEASE *Interviews available May 20, 2021 Contact: Jackie Fielder, [email protected] Stop The Money Pipeline Coalition Responds to Biden’s Executive Order on Climate-Related Financial Risk Coalition welcomes EO as important step for the climate finance movement, pushes administration to deliver by COP26 in November Today, President […]
FOR IMMEDIATE RELEASE May 20, 2021 Contact: Jackie Fielder, [email protected] Stop The Money Pipeline Coalition Issues Statement Ahead of Biden’s Executive Order on Climate-Related Financial Risk Coalition representing more than 160 groups expects Executive Order to ensure all U.S. financial institutions are firmly on a path to real zero greenhouse gas emissions before COP26 […]
Biden, Blog post, In The News, Press Release
New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk
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Today, members of the Stop the Money Pipeline coalition reacted to the news of John E. Morton’s appointment to serve as Climate Counselor to Secretary Janet Yellen and to lead the Treasury Department’s new Climate Hub by emphasizing the urgency with which Morton and all financial regulators must act to address the systemic risk of […]
Biden, In The News, Press Release
A Biden Administration Can Pressure Wall Street to Stop Funding Climate Destruction
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A Biden presidency and potentially divided Congress will increase the focus on the need for Wall Street to act on climate Washington, D.C. — Vice President Joe Biden’s imminent victory in the Presidential election will increase pressure on financial institutions to stop financing fossil fuels and deforestation, according to groups with Stop the Money Pipeline, […]