Browsing: Climate change

Newsbytes FHFA joins NGFS

The Federal Housing Finance Agency has become a member of the Network of Central Banks and Supervisors for Greening the Financial System. FHFA is highlighting the increasing risk to property from climate change, including severe structural damage caused by hurricanes, tornadoes, floods, droughts and wildfires.

Newsbytes

Sarah Bloom Raskin, President Biden’s nominee to serve as the next vice chairwoman for supervision at the Federal Reserve, withdrew her nomination today after failing to secure support from several key lawmakers, including Sen. Joe Manchin (D-W.Va.).

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