Brainard Says Fed Won’t Dictate Lending on Climate Risks

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Bloomberg Politics published this video item, entitled “Brainard Says Fed Won’t Dictate Lending on Climate Risks” – below is their description.

“We don’t tell banks what sectors to lend to,” Federal Reserve Governor Lael Brainard says in response to a question from Senator John Kennedy of Louisiana during her confirmation hearing before the Senate Banking Committee.

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Bloomberg Politics produces English language political stories from around the world, from a US perspective. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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