Wall Street Is Gambling With Our Future. The Federal Reserve Must Act Now | Akiksha Chatterji

Leaving the clean energy transition to Wall street’s voluntary actions is failing. The Federal Reserve needs to act swiftly, using its powerful regulatory tools to rein in banks’ reckless fossil fuel financing.

Source: Opinion | Wall Street Is Gambling With Our Future. The Federal Reserve Must Act Now | Akiksha Chatterji

The Federal Reserve Wants Lower Wages for Workers, But Not Wall Street Execs

Federal Reserve chair and former private equity exec Jerome Powell has promised to tackle inflation by lowering workers’ wages. At the same time, he has declined to implement a law to reduce the skyrocketing paychecks of his former colleagues on Wall Street.

Source: The Federal Reserve Wants Lower Wages for Workers, But Not Wall Street Execs