Alex Martin

Injury? Why did he come out?

Cramer Fair Access to Banking Act 2025.pdf | Powered by Box

New fossil fuel subsidy just dropped.

GOP plans to force private banks to lend to ANWR drilling projects, even if it hurts their bottom line, or lose access to the discount window.

Folks, every accusation really is a confession.

senatorkevincramer.app.box.com/s/6uve4alvjs...

Businesses And Investors Must Confront New Federal Climate Edicts Extreme weather events are increasing in number and destructiveness. Now, due to Trump Administration edicts, additional climate-related financial risks must be managed.

My latest @forbes article discusses an under-reported part of the current disruption of federal services: three edicts aimed at removing the foundations of climate-related financial risk management. www.forbes.com/sites/johnko...

Don’t Let Insurers Get Away With Fleecing Homeowners - OtherWords In an age of climate disasters, insurance should be a safeguard for families, not a gamble where the house always wins.

"By continuing to underwrite and invest billions of dollars in fossil fuel projects — knowing full well that growing climate risks are making homes uninsurable — insurers actively contribute to the disasters they later refuse to cover." otherwords.org/dont-let-ins...

From Wildfires to Wall Street, Powell’s Retreat on Climate Change Puts Economy at Risk President Trump has no plans to address climate risks other than to bully federal agencies and private institutions into ignoring them, but this reckless approach does not preclude action by the Feder...

Powell has been negligent on addressing climate-related financial risk for some time now. With Trump looming, Powell is ignoring risks and leading the Fed into further retreat.
www.citizen.org/news/from-wi...

YouTube video by podowski Oh my god! He admit it!

it's a meme from I think you should leave

www.youtube.com/watch?v=cY2x...

Private insurers are still making profits off of their homeowners lines in California, at least through 2023 (sources in our release).

Yes, rates need to go up because of climate change. They have been, and insurers have been raking it in.

News Release: California Hands $500M Insurance Bailout Bill to Families & Homeowners - Americans for Financial Reform The California State Insurance Commissioner Ricardo Lara approved a $1 billion bailout of the state’s FAIR (Fair Access to Insurance Requirements) plan to help cover over 3,400 claims it has received ...

Here's our reaction to the CA FAIR plan bailout with a quote from @carolinenagy.bsky.social.

CA is basically asking insurers to split the $1b bill with the public.

Two things you might not realize though:

ourfinancialsecurity.org/2025/02/news...

Apply that bad boy to your standard $32 credit card late fee that the CFPB was trying to cap at $8.

it's pronounced finance Madison and it only happens in nyc which is a climate haven

bsky.app/profile/alex...

Shot. Chaser. finance.yahoo.com/news/powell-...

He says there was lots of opposition and then cites the Chamber of Commerce and NAM as evidence.

This is deregulation to serve an extremely small number of people at the expense of everyone else.

News Release: Trump SEC Sides with Corporate Polluters Over Investors, Asks Court to Halt Climate Transparency Litigation - Americans for Financial Reform The Securities and Exchange Commission’s (SEC) Acting Chair Mark Uyeda has requested that the 8th Circuit halt litigation of the agency’s climate transparency rule in light of his and Commissioner Pei...

I have a quote here about the SEC backing off defending the climate transparency rule.

What you really need to know --> the new Chair didn't even cite a *single* investor's perspective in his so-called review of "comments on all sides."

ourfinancialsecurity.org/2025/02/news...

In the not too distant future

bsky.app/profile/alex...

A bold statement to make just as the agency leaves an international climate risk coordination group and cracks down on climate economics research.

"Powell predicts a time when mortgages will be impossible to get in parts of US"

finance.yahoo.com/news/powell-...

Trump’s Executive Orders Leave Imprint on the Fed The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

I expected policy changes at the Fed under Trump-Musk, but halting climate economic research and education is a new low.

“It’s the first time in my life I’ve had a set of students who uniformly wanted to learn something and were told that they weren’t allowed to do that,” Dr. Tufano said.

Ocean temperatures made hotter by human-caused climate change are fueling more intense Atlantic hurricanes.

A NEW Climate Central study: climate change increased the intensity for most 2019-2023 hurricanes & all (so far) in 2024.

Read the study & learn more: climatecentral.org/report/2024-...

Notes on the Crises Analysis by Nathan Tankus of Money, Macroeconomics and Market Governance (with a focus on the Federal Reserve)

Being an (almost) one man agency dedicated to FOIAing the Federal Reserve takes a lot of time, effort and expertise. I really would rather not paywall this stuff, so take out a paid subscription. Plus, I also do contemporary economic analysis.

www.crisesnotes.com#/portal/signup

Another important action from the Biden Admin to lead by example. If the federal government can do a GHG inventory, companies certainly can as well!

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