Treasury May Be Able to Facilitate Climate Stress Tests on U.S. Financial Firms

BREAKING NEWS

WASHINGTON -- The U.S. Treasury may be able to facilitate climate stress tests on U.S. banks and insurers, Treasury Secretary Janet Yellen said Monday, though the tests likely wouldn't impose capital requirements or limit dividend payouts as existing stress tests do.

More to follow

Write to Kate Davidson at kate.davidson@wsj.com


  (END) Dow Jones Newswires
  02-22-21 0954ET
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