New York City lawsuit against Exxon, BP, Shell over climate change dismissed
- The Federal Reserve has withdrawn from an international group of central banks that focus on regulating the financial system to combat climate change.
- The move comes after criticism from Republicans in Congress and a member of the incoming Trump administration, who argued that the Fed should not consider climate change in bank regulation.
- The Fed's decision to leave the group has been criticized by some, who argue that participating in the network is the least that the Fed can do to address climate-related financial risk.
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Coverage Details
Total News Sources0
Leaning Left6Leaning Right5Center8Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 32%
C 42%
R 26%
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