U.S. regulators toss out rules requiring banks to prepare for climate change

U.S. regulators toss out rules requiring banks to prepare for climate change


Key Points
  • Regulators are doing away with controversial regulations that required banks to plan for losses in the event of climate-related events, according to an announcement Thursday.
  • Trump administration officials have criticized the Fed for falling prey to mission creep, or exceeding the scope of its mandates for monetary policy and bank supervision.



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How bond market’s private credit crisis fears are playing out in fixed-income ETFs
Finance

How bond market’s private credit crisis fears are playing out in fixed-income ETFs

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Michael Burry says he’s still betting against Palantir after Trump post boosts stock
Finance

Michael Burry says he’s still betting against Palantir after Trump post boosts stock

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