Monday, November 23, 2020
Trump administration accused of trying to bully banks into financing Arctic fossil fuel extraction – Raw Story
... The Wall Street Journal reports the Office of the Comptroller of the Currency on Friday proposed a new rule that would bar financial institutions from refusing to lend to entire categories of lawful businesses. In the name of "fair access," the proposed rule would force banks to finance not only the fossil fuel industry that is largely responsible for the ever-worsening climate emergency, but also other highly controversial sectors such as for-profit private prisons and firearms manufacturers...
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