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Federal Reserve

Heading for a Second Term, Fed Chair Jerome Powell Bucks a Global Trend on Climate Change

As other central banks take a more activist role, Powell wants Congress and the private sector to assess growing climate risks. Elizabeth Warren calls his views “dangerous.”

By Marianne Lavelle

Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill Jan. 11, 2022, in Washington, D.C. Credit: Brendan Smialowski/Pool/AFP via Getty Images

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