Politics

Elizabeth Warren Vows to Hold Wall Street Accountable for Climate Crisis

  • Proposal aims to rein in financing for fossil-fuel industry
  • Warren would ask Fed, SEC to rein in banks, asset managers

Senator Elizabeth Warren

Photographer: Alice Keeney/Bloomberg
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Democratic presidential candidate Elizabeth Warren said she would hold Wall Street banks, asset managers and insurance companies accountable for their contributions to climate change.

In a plan released Sunday, entitled “Stop Wall Street From Financing the Climate Crisis,” Warren said climate change poses a risk to the economy through extreme weather events such as floods, hurricanes and wildfires.