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Category Archives: Press Release

Stop The Money Pipeline Coalition Issues Statement Ahead of Biden’s Executive Order on Climate-Related Financial Risk 

FOR IMMEDIATE RELEASE  May 20, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Stop The Money Pipeline Coalition Issues Statement Ahead of Biden’s Executive Order on Climate-Related Financial Risk  Coalition representing more than 160 groups expects Executive Order to ensure all U.S. financial institutions are firmly on a path to real zero greenhouse gas emissions before COP26 […]

IEA Press Release

FOR IMMEDIATE RELEASE  Tuesday, May 18th 2021   Stop The Money Pipeline Coalition Responds to International Energy Association’s Call to Stop New Oil Investments to Hit Net-Zero Emissions Marking a major milestone for climate justice and financial sustainability advocates, the International Energy Association called for an immediate end to all financing of new fossil-fuel supply […]

Global protests target banks funding Line 3 pipeline

SAN FRANCISCO – Today across 8 countries, 4 continents, and 50 U.S. cities, hundreds of climate and Indigenous rights activists are protesting 20 banks that have backed loans for Enbridge, the company constructing the Line 3 tar sands pipeline through Anishinaabe territory in Minnesota. The protests feature elaborate and artful displays such as a body […]

New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk

Today, members of the Stop the Money Pipeline coalition reacted to the news of John E. Morton’s appointment to serve as Climate Counselor to Secretary Janet Yellen and to lead the Treasury Department’s new Climate Hub by emphasizing the urgency with which Morton and all financial regulators must act to address the systemic risk of […]

NEW POLL: US Voters Support Strong Government and Corporate Action to Curb Wall Street’s Climate Impacts

Voters want the federal government to play an active role in reducing Wall Street’s impact on the climate and preventing climate-fueled economic crises WASHINGTON, DC — Today, a new set of polling released by Data for Progress shows that US voters overwhelmingly support the federal government taking strong action to curb Wall Street’s effect on […]

Stop the Money Pipeline Coalition Urges Biden Treasury Pick to Act Boldly on Climate

(November 23, 2020) Today, news outlets have reported that President-elect Biden plans to name Janet Yellen as Treasury Secretary. The president-elect won with an unprecedented climate mandate, and it is critical that Janet Yellen as Treasury Secretary does her part to fulfill that mandate by using the powers of the Treasury Department to act on […]

Stop the Money Pipeline Issues Set of Criteria for Financial Appointees to the Biden Administration

New York, NY (November 11, 2020) – Stop the Money Pipeline, a diverse coalition of over 130 mainstream and grassroots climate groups committed to pushing financial institutions to end support for the fossil fuel and other climate-harming industries, today in a letter to the Biden/Harris transition team urged the adoption of strong climate action criteria […]

A Biden Administration Can Pressure Wall Street to Stop Funding Climate Destruction

A Biden presidency and potentially divided Congress will increase the focus on the need for Wall Street to act on climate   Washington, D.C. — Vice President Joe Biden’s imminent victory in the Presidential election will increase pressure on financial institutions to stop financing fossil fuels and deforestation, according to groups with Stop the Money Pipeline, […]

Wall Street Must Condemn Trump’s Attack on Democracy

Stop the Money Pipeline calls on Wall Street and corporate leaders to condemn Trump’s attacks on democracy  New York, NY — With President Trump attempting to undermine election results, Wall Street institutions and their CEOs must step up to help defend our democracy, say groups with Stop the Money Pipeline, a coalition of over 130 […]