Session Type(s): Panel
Starts: Saturday, Oct. 9 2:15 PM (Eastern)
Ends: Saturday, Oct. 9 3:15 PM (Eastern)
This panel will discuss why the Fed must use its existing powers to supervise banks and other financial institutions on climate risk, use regulation to ensure financial stability, and manage the climate impact of the Fed’s emergency lending and monetary operations. The Fed’s own portfolio decision contribute to financing the fossil fuel industry and unsustainable level of carbon emissions—a practice that must cease if we’re going to meet a carbon free future with zero emissions by 2050. Join us to discuss how the Fed has the tools in hand to combat climate risk, why they are dragging their feet, and how Congress must take the lead in pushing the Fed to address the climate crisis head on.
David Arkush is the managing director of Public Citizen’s Climate Program and a fellow at the Roosevelt Institute. He’s advocated on a variety of progressive issues in all three branches of government, including helping to strengthen and pass the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Alexis Goldstein is the Senior Policy Analyst at Americans for Financial Reform, a nonpartisan coalition of over 200 organizations working for a safe and ethical financial system. Prior to her advocacy work, Alexis spent seven years working on Wall Street.
In her spare time, she co-hosts the podcast Humorless Queers, which covers Wall Street, Mass Surveillance, and LGBTQ issues.