Jay Powell’s Legacy Depends on Whether He Steps Up on Climate Risk

In advance of his Jackson Hole speech, the Fed chair has neglected his role of ensuring the safety and soundness of banks with substantial fossil fuel assets.

by ,

The American Prospect is fiercely independent and reader-funded. Your support directly funds our team of investigative reporters, fact-checkers, and editors who produce in-depth journalism that holds the powerful accountable.

If you believe in reporting that informs, challenges, and inspires, there are two key ways to support us:


Donate to keep our nonprofit newsroom strong and fearless
Subscribe to our award-winning print magazine and receive our hard-hitting reporting and analysis in your mailbox 6 times a year

Your support makes our journalism possible. Thank you for standing with us.