New fossil fuel subsidy just dropped. GOP plans to force private banks to lend to ANWR drilling projects, even if it hurts their bottom line, or lose access to the discount window. Folks, every accusation really is a confession. senatorkevincramer.app.box.com/s/6uve4alvjs...

My latest @forbes article discusses an under-reported part of the current disruption of federal services: three edicts aimed at removing the foundations of climate-related financial risk management. www.forbes.com/sites/johnko...

"By continuing to underwrite and invest billions of dollars in fossil fuel projects — knowing full well that growing climate risks are making homes uninsurable — insurers actively contribute to the disasters they later refuse to cover." otherwords.org/dont-let-ins...

Powell has been negligent on addressing climate-related financial risk for some time now. With Trump looming, Powell is ignoring risks and leading the Fed into further retreat. www.citizen.org/news/from-wi...

Here's our reaction to the CA FAIR plan bailout with a quote from @carolinenagy.bsky.social. CA is basically asking insurers to split the $1b bill with the public. Two things you might not realize though: ourfinancialsecurity.org/2025/02/news...

Apply that bad boy to your standard $32 credit card late fee that the CFPB was trying to cap at $8.

Shot. Chaser. finance.yahoo.com/news/powell-...

I have a quote here about the SEC backing off defending the climate transparency rule. What you really need to know --> the new Chair didn't even cite a *single* investor's perspective in his so-called review of "comments on all sides." ourfinancialsecurity.org/2025/02/news...

In the not too distant future

"Powell predicts a time when mortgages will be impossible to get in parts of US" finance.yahoo.com/news/powell-...

I expected policy changes at the Fed under Trump-Musk, but halting climate economic research and education is a new low. “It’s the first time in my life I’ve had a set of students who uniformly wanted to learn something and were told that they weren’t allowed to do that,” Dr. Tufano said.

Ocean temperatures made hotter by human-caused climate change are fueling more intense Atlantic hurricanes. A NEW Climate Central study: climate change increased the intensity for most 2019-2023 hurricanes & all (so far) in 2024. Read the study & learn more: climatecentral.org/report/2024-...

Being an (almost) one man agency dedicated to FOIAing the Federal Reserve takes a lot of time, effort and expertise. I really would rather not paywall this stuff, so take out a paid subscription. Plus, I also do contemporary economic analysis. www.crisesnotes.com#/portal/signup

Another important action from the Biden Admin to lead by example. If the federal government can do a GHG inventory, companies certainly can as well!

👋