Macro Musings with David Beckworth cover image

Josh Galper on Dealing with Climate Risk and Its Potential Impact on US Financial Markets

Macro Musings with David Beckworth

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The Tip of the Spear - Climate Risk

The banks are the first part of the regulatory process, but then it kind of reverberates out through the entire market. The fact that the Biden administration is coming in has already signaled very strongly that they're going to be active on climate issues. And such, you could realistically expect then that the people appointed into senior regulatory positions at CFTC, SEC, Fed will be asked about their views on climate risk.

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