Tag: big banks
Why Wall Street’s rule-breaking is everyone’s problem
This is not just a U.S. problem. Regulators agree to minimum standards for banking rules at an international level because finance is a global business.
Big Banks break their climate promises by propping up Big Meat
Massive industrial livestock financing sabotages major U.S. banks’ climate goals.
Big Banks have funded climate crisis with nearly $7 trillion since...
The financial institutions lavished $705 billion on oil, gas, and coal in 2023—the hottest year on record.
How activists are trying to change the way banking gets done
A public bank would allow the state of New York to keep its money closer to home, and put it to good work.
HSBC plans to close Asian coal plants to curb emissions—while also...
Bank accused of greenwashing ahead of COP26 for backing scheme while being world’s 13th biggest funder of fossil fuels
Arrested in rocking chairs, grandparents protest Chase and pressure Biden on...
Tired from trekking 170 miles from Biden’s birthplace to his hometown, a dozen of us grandparents decided to take a stand for climate justice by sitting down.
Banking that serves people, not bankers
The Post Office could offer simple, honest banking, including checking and savings accounts, consumer loans, and low-fee debit cards.
Big banks pull financing, prepare to seize assets from collapsing oil...
The big banks funded the money-losing fracking industry for the past decade just like they funded the housing crisis — but the reality is, just like in the housing crisis, the coming bailouts will protect the banks.
Wells Fargo agrees to pay $3B over massive fraud scandal
“We are hopeful that this $3 billion penalty, along with the personnel and structural changes at the Bank, will ensure that such conduct will not reoccur.”
Goldman Sachs becomes first major American bank to prohibit Arctic oil...
“Goldman Sachs is right to recognize that destroying the Arctic Refuge would be bad business. We hope other American banks will follow their lead.”
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Bipartisan bill introduced in House to ban use of pesticide paraquat in US agriculture
The bill would "direct the Environmental Protection Agency to cancel all existing paraquat registrations, revoke any tolerances permitting paraquat residue in food, and ban the sale and use of existing stocks upon enactment."
Losing face, losing the base, losing the midterm race—a tidal trifecta
Though daring MAGA lies seem tidal,/ Denying outcomes suicidal.
Why Biden’s debate disaster two years ago matters for the future
Looking ahead, a great need will be to overcome the ongoing culture of conformity that so badly damaged the Democratic Party in 2024 and helped Trump get back into the White House.
Anti-ICE protesters sentenced to decades as Trump turns ‘antifa’ label into prosecution tool
The Prairieland case transformed a July 4 protest outside a Texas immigration jail into a terrorism prosecution, with sentences from 30 to 100 years and warnings of a new federal playbook against left-wing dissent.
Alaska governor vetoes single-use polystyrene foam foodware ban
For now, polystyrene products will remain legal for use by commercial food vendors statewide.