As banks retreat from fossil fuels, a Trump regulator says 'stop'
POLITICO As banks retreat from fossil fuels, a Trump regulator says 'stop' The rule directing banks not to deny loans to entire industries such as fossil fuels was finalized at lightning speed as the Trump administration winds down. The rule from the Trump administration says banks cannot deny loans to entire industries such as oil and gas. | Spencer Platt/Getty Images Link Copied The Trump administration on Thursday said big banks can't deny loans to entire industries including fossil fuel companies and private prisons, ignoring criticism from lenders, investors, consumer groups, Democrats a...
Source: politico.com