The Federal Reserve on Friday announced that it has withdrawn from a global climate change regulation group due to its activities exceeding the scope of the Fed's legal authority. The Fed exited ...

This is the main reason given by the Federal Reserve for its exit. The Federal Reserve became a member of the NGFS in 2020. However, with the recent departure, it has severed its ties with the ...

The U.S. Federal Reserve made headlines yesterday by announcing ... resistance to stringent environmental policies. The Fed's exit reflects a significant shift in its approach to climate risk ...

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

The Federal Reserve formally joined the Network of Central ... The Fed’s decision to exit NGFS also comes against a backdrop of Wall Street fleeing climate alliances and groups.

WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Friday it had ... The central bank joined the group in 2020. The exit comes three days before President-elect Donald Trump, who is ...