Sens. Markey, Merkley Announce Legislation to Get Big Banks to Stop Financing Fossil Fuel Projects
November 06, 2021
November 06, 2021
WASHINGTON, Nov. 6 -- Sen. Edward J. Markey, D-Massachusetts, issued the following news release:
Senator Edward J. Markey (D-Mass), Chair of the Climate Change, Clean Air, and Nuclear Safety Subcommittee of the Environment and Public Works Committee, and Senator Jeff Merkley (D-Ore.) today introduced the Fossil Free Finance Act, legislation that would require the Federal Reserve (Fed) to mandate that major banks and other Systemically Important Financial Institutions (SIFIs) reduce . . .
Senator Edward J. Markey (D-Mass), Chair of the Climate Change, Clean Air, and Nuclear Safety Subcommittee of the Environment and Public Works Committee, and Senator Jeff Merkley (D-Ore.) today introduced the Fossil Free Finance Act, legislation that would require the Federal Reserve (Fed) to mandate that major banks and other Systemically Important Financial Institutions (SIFIs) reduce . . .