"Climate Movement Keeping Eye on Biden Fed Chair Nomination"

"Climate activists are starting to map out a coordinated campaign to oppose the potential re-nomination of Federal Reserve Chair Jerome Powell, because they view his record on fighting climate change through the banking system as scant and not aggressive enough.

The campaign will kick off on August 26 at the start of the Jackson Hole Economic Symposium, a gathering of Federal Reserve and economic officials in Wyoming.

Through demonstrations on the road from the airport and at the entrance to the lodge where the conference is held, the activists want to nudge President Joe Biden to appoint someone new to lead the Federal Reserve. They want Biden to pick a chairman who views climate policy as significant as monetary policy and maximum employment."

Nancy Cook reports for Bloomberg Environment August 13, 2021.

Source: Bloomberg Environment, 08/16/2021