Fed chair argues for limited role of bank on climate change

‘Narrow but important responsibilities’

Kathleen Gallagher
clock • 1 min read

Jerome Powell, chair of the US Federal Reserve, responded to critics' claims that the central bank was overstretching its remit by wading into climate policies in a speech yesterday (10 January).

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Investors urged to reconsider Meta over increasing non-financial risk
ESG

Investors urged to reconsider Meta over increasing non-financial risk

'Toxic' business culture

Michael Nelson
clock 19 May 2026 • 4 min read
One third of UK investors prioritise sustainability over returns
ESG

One third of UK investors prioritise sustainability over returns

Data from Rathbones

Linus Uhlig
clock 16 April 2026 • 1 min read
Hargreaves Lansdown expands green gilt access to retail investors
ESG

Hargreaves Lansdown expands green gilt access to retail investors

In partnership with Winterflood

Alex Sebastian
clock 10 March 2026 • 1 min read
Trustpilot