NEW YORK, NY — The news that major U.S. banks like JPMorgan Chase are preparing to ask regulators to allow them to take direct ownership of oil and gas companies should ring major alarm bells on Capitol Hill and across the nation, according to organizations with the Stop the Money Pipeline coalition. On Thursday evening, […]
Category Archives: Uncategorized
Uncategorized
JPMorgan Chase, Citi and Canadian Peers Endorse TC Energy’s Reckless Decision on Keystone XL
03
Apr
Apr
Big Banks Lead Multi-Billion Dollar Bond Issuances Days After Company Pushes Pipeline Forward Amid Global Pandemic CONTACT: Laurel Sutherlin, 415.246.0161, laurel@ran.org On Tuesday, March 31, TC Energy announced its decision to move forward with the controversial Keystone XL tar sands oil pipeline — despite active legal challenges, a lack of required permits, and without the free, […]
27
Mar
Mar
The public should not pay for banks’ risky bets on oil and gas Washington, DC — The Commodity Futures Trading Commission’s (CFTC) decision to grant Capital One a waiver for its commodity swaps with oil and gas companies sets a dangerous precedent, according to members of Stop the Money Pipeline, a coalition of organizations aimed […]