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The ESG Threat
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Reversing Trump Methane Regulations Won t Help the Environment
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Dallas Examiner
President Biden signs bipartisan bill to curb predatory lending
In recent years, consumer finance protections withered through a series of harsh attacks that either outright rejected or significantly diminished financial guardrails in the marketplace. But a new consumer victory, urged by a groundswell of support from everyday people, academicians and bicameral legislators signals an important step towards fair financial rules.
On June 30, President Joe Biden’s signature ended an ill-advised rule that favored predatory loans instead of America’s consumers.
“These are so called “rent-a-bank” schemes,” Biden said at the June 30 signing ceremony. “And they allow lenders to prey on veterans, seniors and other unsuspecting borrowers tapping in the – trapping them into a cycle of debt. And the last administration let it [happen], but we won’t.”
Attorney General James Supports President Biden s Action on Predatory Lending, Drops Lawsuit Filed During Previous Administration
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President Joe Biden restored limits on methane emissions from oil and gas facilities across the U.S. in a reversal of former-President Donald Trump’s rollback of the restrictions that were intended to reduce impacts on climate change from fossil fuel production.
Biden reinstated the regulations by signing a resolution under the Congressional Review Act (CRA) that was sponsored by U.S. Sen. Martin Heinrich, a New Mexico Democrat, and received passing votes in both the U.S. House and Senate.
Before leaving office, the Trump administration rescinded the U.S. Environmental Protection Agency’s methane standards, effectively removing the agency’s ability to regulate methane, while also lifting requirements for air pollution on transmission and storage facilities of oil and natural gas.