Some Democratic lawmakers have pressed the central bank to be more active in efforts to mitigate global warming risks
Federal Reserve Chairman Jerome Powell’s views on interest rates and the economy should be the main focus as he testifies before Congress on Wednesday and Thursday, but he also may field questions on what the central bank is doing to address climate change risks.
In recent Capitol Hill appearances, both Mr. Powell and Vice Chairman for Supervision Randal Quarles have faced questions on a subject that could reshape the U.S. economy in years to come.
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