Sen. Cramer Presses Big Bank CEOs on Financial Discrimination Against the Fossil Fuel Industry
May 27, 2021
May 27, 2021
WASHINGTON, May 27 -- Sen. Kevin Cramer, R-North Dakota, issued the following news release on May 26, 2021:
At a Senate Banking Committee hearing today, U.S. Senator Kevin Cramer (R-ND) pressed the CEOs of six major U.S. banks about their policies regarding providing financial services to certain sectors of the energy industry. Senator Cramer began by asking Citigroup CEO Jane Fraser whether her company is focused on reducing carbon emissions or reducing the use of coal.
At a Senate Banking Committee hearing today, U.S. Senator Kevin Cramer (R-ND) pressed the CEOs of six major U.S. banks about their policies regarding providing financial services to certain sectors of the energy industry. Senator Cramer began by asking Citigroup CEO Jane Fraser whether her company is focused on reducing carbon emissions or reducing the use of coal.