On the recordJanuary 18, 2021
The President supports an enforcement mechanism that requires polluters to bear the full cost of the carbon pollution they are emitting.
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congress.govThe President supports an enforcement mechanism that requires polluters to bear the full cost of the carbon pollution they are emitting.
Yellen outlines Biden's support for accountability in carbon emissions.
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I will never forget it. I was involved in it, and we did everything we could to put together a package of measures that would stop what could have become a run on the banking system.
I think this is an area where congressional legislation is appropriate to create an appropriate prudential framework.
It is important to be clear, shareholders and debt holders of the failed banks are not being protected by the government.