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Powell distances Fed from climate policy

Powell says Fed will not be a ‘climate policymaker’

In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
the fed climate impacts economy

How should the Fed deal with climate change?

The climate crisis is at high risk of becoming an economic crisis. That is an increasingly widespread view among leading economic thinkers — that a range of economic and financial problems could result from a warming planet and humanity's efforts to deal with it.

The Fed faces criticism as it wades into climate and equity issues
www.nytimes.com

The Fed faces criticism as it wades into climate and equity issues

The Federal Reserve is proudly politically independent. That makes key discussions around climate change and racial inequity a balancing act.
As winter sweeps the South, Fed officials focus on climate change
www.nytimes.com

As winter sweeps the South, Fed officials focus on climate change

A top Federal Reserve official says climate scenario analysis could be valuable in making sure that banks mind their climate-tied weak spots.
Fed joins climate network, to applause from the left
www.nytimes.com

Fed joins climate network, to applause from the left

The central bank joined a network of global financial regulators focused on climate risk. The response to the move underlined its tricky politics.
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