Experts disagree on the impact of the Fed’s withdrawal from the NGFS but are united about climate change’s devastating effect ...

The Federal Reserve on Friday announced that it has withdrawn from a global climate change regulation group due to its activities exceeding the scope of the Fed's legal authority.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

WASHINGTON, Jan 17 (Reuters) - The U.S. Federal Reserve announced on Friday it ... who is critical of efforts by governments to prescribe climate change policies, is set to take office.

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The U.S. Federal ... climate-related financial risks. The decision comes just days before the inauguration of Republican President-elect Donald Trump, who has been hostile towards climate change ...

Without federal support, American communities will struggle to deal with a challenge as pervasive as climate change, market ...

President Trump ripped into the Federal Reserve and Jerome Powell after the central bank opted not to cut interest rates.

The recent Los Angeles wildfires are only the latest reminder that banks need to steel themselves against climate change both ...