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Biden directs US federal agencies to mitigate financial risk from climate

President Joe Biden is directing federal agencies to develop a comprehensive strategy to identify and manage financial risks to government and the private sector posed by climate change. An executive order Biden issued Thursday calls for concrete steps to mitigate climate risks, while protecting workers life savings, spurring job creation and helping the United States lower greenhouse gas emissions that contribute to climate change. New regulations could be issued on the banking, housing and agriculture sectors, among others. Extreme weather related to climate change can disrupt entire supply chains and deprive communities of food, water or emergency supplies,? the White House said in a statement Thursday.

Biden Directs U S to Mitigate Financial Risk from Climate

AP Photo/Evan Vucci WASHINGTON (AP) President Joe Biden is directing federal agencies to develop a comprehensive strategy to identify and manage financial risks to government and the private sector posed by climate change. An executive order Biden issued Thursday calls for concrete steps to mitigate climate risks, while protecting workers life savings, spurring job creation and helping the United States lower greenhouse gas emissions that contribute to climate change. New regulations could be issued on the banking, housing and agriculture sectors, among others. Extreme weather related to climate change can disrupt entire supply chains and deprive communities of food, water or emergency supplies, the White House said in a statement Thursday. Snowstorms can knock power grids offline, while floods made worse by rising sea levels can destroy homes and businesses.

China roils Bitcoin, cryptos again

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Fed and Treasury Look to Regulate Crypto, Semiconductor Shortage Hobbles U S Auto Industry

Fed and Treasury Look to Regulate Crypto, Semiconductor Shortage Hobbles U S Auto Industry
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Biden directs U S to mitigate financial risk from climate

Biden directs U S to mitigate financial risk from climate
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