Article

2021-03-24 -Signs, Portents, and the Weather-

[Washington Examiner] The Federal Reserve has created a new climate committee to address the risks climate change poses to financial stability.

The new effort, called the Financial Stability Climate Committee, will draw from expertise across the Federal Reserve system and is intended to tackle risks to the broader financial system, said Lael Brainard, a member of the Federal Reserve's board of governors.

The committee comes in addition to the Fed's creation of a separate climate initiative earlier this year, the Supervision Climate Committee, that is focusing more closely on ensuring individual financial firms that the Fed oversees are prepared for climate-related risks.
Perhaps financed by the COVID-Relief Bill?

Posted by Bobby 2021-03-24 11:47|| || Front Page|| [11132 views ] Top

#1
No thanks, I'll wait for the 3rd and 4th committees on the weather's impact on the economy, this one seems sooo sophmoric.

Posted by Crudity Correct4029 2021-03-24 12:27|| 2021-03-24 12:27|| Front Page Top

#2 They’re going to look so stupid when Bill Gates’ upper atmosphere chalk experiment to offset global warming unexpectedly tips us into a little ice age. Other than that, resilience to weather-related problems is probably a good thing, unless they prescribe getting rid of personal cars and heating and air conditioning our homes to prevent an imaginary global warming tipping point.

Posted by trailing wife 2021-03-24 13:48|| 2021-03-24 13:48|| Front Page Top

#3 Makes you want to support the Wealth Tax.
Shows once again there's no correlation between wealth and wisdom

Posted by Shinelet Tingle3904 2021-03-24 14:02|| 2021-03-24 14:02|| Front Page Top

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