Before the House Subcommittee on Financial Institutions and Monetary Policy, regulators and state officials testified on efforts to address climate-related financial risk.
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Senators Mike Crapo (R-ID,) ranking member of the Finance Committee, and Joni Ernst (R-IA,) ranking member of the Committee on Small Business and Entrepreneurship, et.al., urged the Chair of the Federal Reserve Board to shift its focus away from climate-related matters.
Senate Banking Committee Ranking Member Pat J. Toomey (R-PA) requested information from 12 ESG ratings firms as to how they calculate companies' ESG scores.
Treasury Secretary Janet L. Yellen testified before the House Financial Services Committee on the Financial Stability Oversight Council's 2021 Annual Report to Congress.
At a hearing before the Senate Committee on Banking, Housing and Urban Affairs, Treasury Secretary Janet L. Yellen testified on the Financial Stability Oversight Council's 2021 Annual Report to Congress.