{"id":1653360,"date":"2022-09-22T12:34:52","date_gmt":"2022-09-22T16:34:52","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1653360"},"modified":"2022-09-22T12:35:13","modified_gmt":"2022-09-22T16:35:13","slug":"that-would-be-the-road-to-hell-for-america-bank-ceos-push-back-against-radical-climate-demands-from-rep-tlaib","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/that-would-be-the-road-to-hell-for-america-bank-ceos-push-back-against-radical-climate-demands-from-rep-tlaib\/","title":{"rendered":"\u2018That Would Be the Road to Hell for America\u2019: Bank CEOs Push Back Against Radical Climate Demands From Rep. Tlaib"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">40<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthat-would-be-the-road-to-hell-for-america-bank-ceos-push-back-against-radical-climate-demands-from-rep-tlaib%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1653360&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Rep. Rashida Tlaib (D-Mich.) met with resistance when she asked the CEOs of America\u2019s seven biggest banks, during their testimony before Congress on Sept. 21, about the elimination of funding for fossil fuel investments.<\/p>\n<p>\u201cYou have all committed, as you all know, to transition the emissions from lending and investment activities to align with pathways to net-zero in 2050 \u2026 So no new fossil fuel production, starting today, so that\u2019s like zero. I would like to ask all of you, and go down the list, because again, you all have agreed to doing this. Please answer with a simple yes or no: does your bank have a policy against funding new oil and gas products, Mr. Diamond?\u201d Tlaib asked.<\/p>\n<p><a href=\"https:\/\/www.theepochtimes.com\/t-jamie-dimon\">Jamie Dimon<\/a>, chairman and CEO of JPMorgan Chase &#038; Co., said, \u201cAbsolutely not, and that would be the road to hell for America.\u201d<\/p>\n<p>\u201cYea. That\u2019s fine. That\u2019s fine,\u201d Tlaib responded. \u201cSir, you know what? Everybody that got relief from student loans [that] has a bank account with your bank should probably take out their account and close their account.\u201d<\/p>\n<p>She continued, \u201cThe fact that you\u2019re not even there to help relieve many of the folks that are in debt, extreme debt because of student loan debt, and you\u2019re out there criticizing it,\u201d before moving on to the other bankers.<\/p>\n<p>\u201cWe will continue to invest in and support clients who are investing in <a href=\"https:\/\/www.theepochtimes.com\/t-fossil-fuels\">fossil fuels<\/a> and in helping them transition to cleaner energies,\u201d Jane Fraser, CEO of Citigroup, said.<\/p>\n<p>Brian Moynihan, CEO of Bank of America, voiced a similar stance, and said, \u201cWe are helping our clients make a transition, and that means we\u2019re lending to both oil and gas companies and to new energy companies and helping monitor their course toward the standards you\u2019re talking about.\u201d<\/p>\n<p>Charles Scharf, president and CEO of<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rep. Rashida Tlaib (D-Mich.) met with resistance when she asked the CEOs of America\u2019s seven biggest banks, during their testimony before Congress on Sept. 21, about the elimination of funding for fossil fuel investments. \u201cYou have all committed, as you all know, to transition the emissions from lending and investment activities to align with pathways [\u2026]<\/p>\n","protected":false},"author":186,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1653360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1653360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1653360"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1653360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1653360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1653360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1653360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}