Should the Fed Do Stress Tests for Banking Based on Climate Change?

Rigtesi: I find it ly unconvincing that the fed should be doing stress tests for banking based on climate change. He says banks aren't idiots, they're already dealing with these risks as they see them unfold in front of them. But if you fixit on like, ok, the risk we need to wory about is this, and you're wrong, you end up creating some other problem down the line," he adds.

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