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Today, I pressed @USTreasury Secretary @stevenmnuchin1 if he has consulted any scientists to prepare the American economy for the systemic risks of #ClimateChange, his answers were underwhelming at best.pic.twitter.com/2z9AifFm5l
Floods, wildfires, and catastrophic storms are becoming all too frequent. If the earth warms 4 degrees over the next 80 years as its currently estimated, global economic losses could mount to $23 trillion per year-- far larger than the 2008 financial crisis.
These are a few examples of destabilizing losses for insurance companies, banks, and other financial intermediaries that can be interconnected and transmit risk across the financial system.
That’s why I introduced the Climate Change Financial Risk Act with @SenBrianSchatz to task the @federalreserve & @USTreasury to ensure our financial system is adequately prepared for the effects of the #ClimateCrisis.
Barry better sell his mansion on the ocean!!!
Man it’s nice to have a representative who actually cares about his constituents. Mnuchin is an idiot and I would not have been so nice. Now we need to talk about how Medicare for all will cost Dems the presidency, depending on who runs
Good work Mr. congressman. I don’t know why people don’t believe what government scientist have been clearly telling us! this warming will cause the Arctic to be free of ice by 2016! We must act NOW! Keep up the good work!pic.twitter.com/tBKBCh3Tbr
High school lover
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