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U.S. regulators should demand banks hold more cash for climate risks

The U.S. Federal Reserve and other bank regulators should force banks to hold more cash to guard against potential losses due to climate change and possible steps to fight it, one of Washington's top liberal think tanks says.

Should banks be forced to price in climate change?
www.politico.com

Should banks be forced to price in climate change?

An idea gaining global momentum could take hold in a Biden administration.
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