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Janet Yellen Walks Political Tightrope to Deliver on Biden’s Climate Promises
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wsj.comFacing pressure from congressional Democrats and a need to deliver on President Biden’s campaign promises, Treasury Secretary Janet Yellen is instructing financial regulators under her watch to take steps to reduce risks tied to climate change.
Those regulators traditionally have worked to ensure that banks remained sound, markets stayed competitive and investors received fair and accurate information. Now, Ms. Yellen is leaning on agencies such as the Federal Reserve and the Securities and
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