The Fed said in a statement Thursday:
“Six of the nation's largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors and firms to measure and manage climate-related financial risks. Scenario analysis—in which the resilience of financial institutions is assessed under different hypothetical climate scenarios—is an emerging tool to assess climate-related financial risks, and there will be no capital or supervisory implications from the pilot.”
In other words, The Fed is working with the big banks to monitor their ability to comply with the ruling class’s preferred enviro statist technocratic tyranny.
The unaccountable people behind the American money printer claim that this exercise is “exploratory in nature and does not have capital consequences.”
The statement adds that the “scenario analysis can assist firms and supervisors in understanding how climate-related financial risks may manifest and differ from historical experience.”
https://dossier.substack.com/p/federal-reserve-announces-major-pilot
This admin sure is in a rush to make us like China, so we are more easily controlled.
![]() |
Conservative Voter said:
( September 30th, 2022 @ 8:30 pm )
ESG is a far left ideological straightjacket. It was good to see the GOP in the House recently talking about attacking it as monopolistic and restraint of trade. Keith Kidwell has been working on some NC legislation against it. Conservative State Treasurer Dale Folwell as also been working with other state treasurers against the big financial firms like Blackrock that push this Marxist crap.
|
Goya Foods CEO pins soaring food prices on 'evil' political leaders | Rant & Rave, Editorials, Beaufort Observer, Op-Ed & Politics | Republicans funded by Bill Gates |
![]() |
strirring similar demonic rhetoric that led to Trump shooting
Published: Monday, July 15th, 2024 @ 8:42 pm
By: John Steed
|
![]() |
financial firm tied to globalist WEF
Published: Monday, July 15th, 2024 @ 8:26 pm
By: John Steed
|
![]() |
At least one person was shot and killed during an assassination attempt on former President Donald Trump on Saturday at a political rally in Pennsylvania in which the suspected gunman was also “neutralized,” according to the U.S. Secret Service.
Published: Monday, July 15th, 2024 @ 5:44 pm
By: Daily Wire
|
![]() |
violated appointments clause of Constitution
Published: Monday, July 15th, 2024 @ 10:29 am
By: John Steed
|
![]() |
As everyone now knows, the U.S. Supreme Court's ruling to grant presidents immunity for "official acts" has given Donald Trump unlimited power to do literally anything he wants with zero consequences whatsoever.
Published: Monday, July 15th, 2024 @ 4:13 am
By: Babylon Bee
|
![]() |
President Joe Biden formally rejected on Monday a bill in Congress that would require individuals to show proof of U.S. citizenship to register to vote in elections for federal office.
Published: Sunday, July 14th, 2024 @ 4:04 pm
By: Daily Wire
|
![]() |
what about THEIR boss Mayorkas?
Published: Sunday, July 14th, 2024 @ 1:36 pm
By: John Steed
|
![]() |
MSM media and Democrats have falsely called Trump a dictator and Hitler
Published: Sunday, July 14th, 2024 @ 10:50 am
By: John Steed
|
![]() |
False gods into days culture
Published: Saturday, July 13th, 2024 @ 2:16 pm
By: Countrygirl1411
|
![]() |
illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic
Published: Saturday, July 13th, 2024 @ 11:14 am
By: John Steed
|
![]() |
gives border guards authority to turn back "asylum seekers"
Published: Saturday, July 13th, 2024 @ 8:50 am
By: John Steed
|
![]() |
majority of board member are rubberstamps for liberal superintendant
Published: Saturday, July 13th, 2024 @ 8:25 am
By: John Steed
|
![]() |
like the old Soviet Union, Biden put DEI political officers in the military
Published: Friday, July 12th, 2024 @ 3:02 pm
By: John Steed
|
![]() |
ssick perverts running Deere sponsored homosexual event for 3 year olds
Published: Friday, July 12th, 2024 @ 9:02 am
By: John Steed
|
![]() |
Biden is the "Manchurian candidate"
Published: Friday, July 12th, 2024 @ 7:51 am
By: John Steed
|
![]() |
based on evidence compiled by House committee
Published: Thursday, July 11th, 2024 @ 3:44 pm
By: John Steed
|
![]() |
beacuse they want to cheat with votes from illegal aliens
Published: Thursday, July 11th, 2024 @ 8:22 am
By: John Steed
|
![]() |
appoints new pro-cnesorship White House official
Published: Wednesday, July 10th, 2024 @ 8:05 pm
By: John Steed
|
![]() |
Pew Research poll shows GOP leading Dems among young voters
Published: Wednesday, July 10th, 2024 @ 2:51 pm
By: John Steed
|
![]() |
part of Democrats' War on Democracy
Published: Wednesday, July 10th, 2024 @ 12:02 pm
By: John Steed
|
![]() |
Matthew Colangelo was number thrre official at Biden DOJ
Published: Tuesday, July 9th, 2024 @ 8:52 pm
By: John Steed
|
![]() |
Those with access to President Joe Biden behind closed doors say that his condition is deteriorating at an accelerated rate
Published: Tuesday, July 9th, 2024 @ 4:34 pm
By: Daily Wire
|