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Source: AP Photo/Carolyn Kaster, File
Democrats found another opportunity to tackle their pet project of climate change. On Wednesday, Sec. of Treasury Janet Yellen made her inaugural remarks as head of the Financial Stability Oversight Council.
Treasury Secretary Janet Yellen on Wednesday called climate change “an existential threat” and the biggest emerging risk to the health of the U.S. financial system, pledging to marshal regulatory forces to guard against its harmful effects.
Yellen made the promise during her inaugural appearance as the head of the Financial Stability Oversight Council, a panel of top regulators tasked with policing Wall Street behavior
IMF staff recommends new allocation of $650 billion in emergency reserves: sources
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IMF Announces $650 Billion in Emergency Reserves Needed to Confront Pandemic Crisis
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Papal priorities reflected in Yellen meeting, Catholic participants say
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Treasury Secretary Yellen and Religious Leaders Hold Historic Meeting on Global COVID Response
Treasury Secretary Yellen and Religious Leaders Hold Historic Meeting on Global COVID Response
March 16, 2021
Debt Relief, Transparency, Climate, Aid, Puerto Rico, SDR Reserves and Bankruptcy Discussed
Washington DC – Treasury Secretary Janet Yellen, Jubilee USA Network and some of the highest-ranking religious leaders met on global COVID response on Tuesday. The high-level roundtable discussion focused on emergency SDR reserve funds, debt policies, aid, climate change, Puerto Rico relief and bankruptcy, transparency and tax proposals to prevent future crises. The meeting with Secretary Yellen and leaders from the largest faith traditions was historic, noted Jubilee USA Executive Director Eric LeCompte who organized the meeting. Since the beginning of the pandemic, religious institutions have called for responses to the COVID crisis that protect the vulnerable and address inequali