Danielle Fugere, president and chief counsel for the shareholder advocacy nonprofit As You Sow, said disclosure is a prerequisite for holding banks to their climate goals. ”We want to understand what it is they’re doing,” she said. Laws like California’s bring to light the financial instability wrought by fossil-fuel-driven climate changeContinue Reading
Few would now dispute that crypto businesses had trouble accessing financial services in the US—the anecdotes are too many. But it remains for Congress to firmly establish why. While Trump and other politicians have spoken in terms that imply the Operation Chokepoint 2.0 theory has been proven categorically, no smokingContinue Reading
Days after the rule went into effect in January, the bureau was sued by NetChoice and TechNet, two trade groups representing Big Tech. In addition to challenging the rule, the groups accused the CFPB of unlawfully exceeding its mandate, alleging that the rule is a “breathtaking assertion of its ownContinue Reading
