{"id":33021,"date":"2025-09-11T12:32:00","date_gmt":"2025-09-11T04:32:00","guid":{"rendered":"https:\/\/multimetro.hk\/plus\/2025\/09\/11\/us-treasury-led-watchdog-dismantles-climate-advisory-panels\/"},"modified":"2025-09-11T12:32:00","modified_gmt":"2025-09-11T04:32:00","slug":"us-treasury-led-watchdog-dismantles-climate-advisory-panels","status":"publish","type":"post","link":"https:\/\/multimetro.hk\/plus\/2025\/09\/11\/us-treasury-led-watchdog-dismantles-climate-advisory-panels\/","title":{"rendered":"US Treasury-led watchdog dismantles climate advisory panels"},"content":{"rendered":"<p>U.S. financial regulators voted on Wednesday to disband two committees charged with monitoring financial risks brought on by climate change, ending a multi-year Biden administration effort to embed climate threats into financial regulations.<br \/>The Financial Stability Oversight Council, a multi-regulator risk watchdog body chaired by Treasury Secretary Scott Bessent, rescinded the charters of its Climate-Related Financial Risk Committee and its Climate-Related Financial Risk Advisory Committee by voice vote without dissent or abstentions during a public session.<br \/>The committees were set up by Bessent&#8217;s Biden administration predecessor, Janet Yellen, who warned repeatedly that increasingly severe storms, wildfires and other climate events were causing large economic and financial impacts on the U.S. economy and could trigger destabilizing asset losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. financial regulators voted on Wednesday to disband two committees charged with monitoring financial risks brought on by climate change, ending a multi-year Biden administration effort to embed climate threats into financial regulations.The Financial Stability Oversight Council, a multi-regulator risk watchdog body chaired by Treasury Secretary Scott Bessent, rescinded the charters of its Climate-Related Financial [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-33021","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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