The Fed’s Jay Powell is trying to have it both ways on climate
Powell’s notion of an apolitical Fed tightly hewing to its congressional mandate is belied by the central bank’s decision to join the NGFS.
Powell’s notion of an apolitical Fed tightly hewing to its congressional mandate is belied by the central bank’s decision to join the NGFS.
And they threaten Democracy.
Climate alarmists want the Fed to force banks and financial institutions to dictate how money is loaned and invested.