On the recordMarch 17, 2021
The Fed should not become a climate soothsayer any more than they should start regulating based on the risk of domestic instability, widespread famine, or other black swan events.
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congress.govThe Fed should not become a climate soothsayer any more than they should start regulating based on the risk of domestic instability, widespread famine, or other black swan events.
Cramer argues against the Fed's involvement in climate regulation due to its lack of expertise.
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It is hard for me as a former regulator to imagine multi-State, multi-jurisdictional, linear infrastructure that doesn't have a Federal nexus somewhere along the line.
Well, and I appreciate that, and, you know, regardless of what these two guys say, it is colder in Fargo than either Kansas or Montana.
Let's face it, as long as there is chaos and uncertainty, there is going to be litigation and stays, and maybe that is a strategy in and of itself.