Tuesday, July 22, 2025

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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Sanders pushes ‘Pensions for All’ to confront corporate greed and America’s retirement crisis

With nearly half of older workers having no retirement savings, Sen. Bernie Sanders introduces sweeping legislation to guarantee all Americans the same pension security enjoyed by members of Congress.

Texas lawmakers largely ignored recommendations aimed at helping rural areas like Kerr County prepare...

Although it had been only seven years since Hurricane Harvey, legislators now prioritized the state’s water and drought crisis over flooding needs.

Trump turns on MAGA over Epstein files as transparency backlash grows

Trump once capitalized on Epstein conspiracy theories to galvanize his base. Now, facing demands for accountability, he lashes out at the very supporters who helped propel him back into power.

Live by phony conspiracies, die by real conspiracies: Truth crawls from a swamp of...

On top of six months of popularity-killing blundering, reality is outing Trump—blowing apart obsolete fix-it moves.

House Republicans move to block EPA action on toxic PFAS in farm fertilizers

A provision in the latest GOP spending bill would halt enforcement of an EPA risk assessment warning that sewage sludge fertilizer contaminates farmland with cancer-linked forever chemicals.