Fed Announcement: 6 Large Banks Will Participate In Pilot Climate Scenario Or Social Credit System
by Mac Slavo of SHTFplan The Federal Reserve Board has announced that six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise. This is designed to enhance the ability of supervisors and firms to measure and manage “climate-related financial risks.” The pilot exercise will be launched in early 2023 and is expected to … Read more