Democrats Eye Legislation To Bolster Biden’s Climate Finance Order

July 6, 2021
House Democrats are considering bills to manage finance-related climate change risks that would bolster the Biden administration’s executive order on the issue, though Republicans are warning the legislation could have the unintended effect of destabilizing financial institutions. “We can either work together in Congress and across the government to coordinate sensible policies to evaluate and mitigate financial risk related to climate and help our economy transition to a carbon-neutral future, or we can wait until the market and the consequences...

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