Lael Brainard and Janet Yellen have been talking the talk about climate risk, but not translating that into meaningful action.
banking
Posted inEnergy and the Environment
The Quiet Winner of the Texas Energy Crisis
Macquarie, an Australian investment bank, is poised to profit heavily off Texas’s briefly surging energy prices during the snowstorm. The Biden infrastructure program could be its next conquest.
Posted inEconomic Policy
Treasury Wants to Save the Financial System From Climate Collapse
But banks are already pushing back against a new initiative to foreground climate risk.
Posted inCabinet Watch
Deregulatory Trump Official Praises His Potential Successor
Brian Brooks, who ran the OCC under Trump, believes Michael Barr shares his vision on cryptocurrencies.
Posted inPolitics
Why Katie Porter Isn’t on the House Financial Services Committee
Committee Chair Maxine Waters appears to have a problem with fierce questioning and progressive financial reform.
Posted inMoney, Politics, and Power
What We’ve Learned From the Robinhood Affair
Let’s put parasitic speculators out of business. How about a lead role for Joe Biden’s most progressive former top aide, Ted Kaufman?
Posted inCabinet Watch
The Centerpiece Battle Over Financial Reform Remains Unsettled
The choice of comptroller of the currency will help demonstrate which wing of the Democratic Party will wield influence in the Biden administration.
Posted inCabinet Watch
Fintech Loves This Rumored Biden Nominee
A leading contender to run the Office of the Comptroller of the Currency, Michael Barr, has a particular cheering section among the shadiest of online financial operators.
Posted inCabinet Watch
Financial Regulation in a Biden Administration
Two key positions—at OCC and SEC—are up in the air.
