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Tag: Banking

The Federal Reserve’s Late-Friday Bank Merger Approvals Highlight the Need for More Transparency and Public Accountability

FOR IMMEDIATE RELEASE Monday, December 20, 2021 Contact: Doug Walker at 202-618-6430 or [email protected] WASHINGTON, D.C.— Today, Phillip Basil, Director of Banking Policy at Better Markets, issued the following statement on last Friday’s action by the Federal Reserve to approve three bank mergers: “The Federal Reserve’s late-day approval announcements of three bank mergers last Friday—as […]

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In a New Report, Better Markets Calls on Banking Regulators to Act ASAP to Address Material Risks to the Banking System from Climate Change

FOR IMMEDIATE RELEASE Tuesday, November 2, 2021 Contact: Evelyn Swan at 202-618-6433 or [email protected] WASHINGTON, D.C.— Today, Phillip Basil, Director of Banking Policy at Better Markets, issued the following statement regarding the publication of our new report, Climate Change and the Banking System: “As world governments debate national commitments to address the global climate change […]

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