financial stability oversight council

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Paul Kupiec: Climate change mitigation is creating a roadmap to a nationalized financial system

Our capitalist system, which allocates investment capital to its highest and most productive use, will be replaced by a system where unelected federal bureaucrats decide what investments and activities are funded.

U.S. warns climate poses 'emerging threat' to financial system

A Financial Stability Oversight Council report could lead to more regulatory action and disclosure requirements for banks.
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